EURUSD Asia briefing — 2026-08-04

BIAS BULLISH. Daily structure supports upside; H4 EMA bullish aligns with D1 bias. H1 neutral noise doesn't override the higher timeframe conviction. RSI at 50.7 leaves room for acceleration. KEY LEVELS R: 1.155, 1.15593, 1.16 | S: 1.15, 1.145, 1.13542 NEWS 🟡 US Goods & Services Trade Balance – Tue 12:30 UTC 🟡 US Goods Trade Balance – Tue 12:30 UTC 🟡 Redbook Index (YoY) – Tue 12:55 UTC SESSION OUTLOOK Asia session likely consolidates ahead of US data. Watch for rejection at 1.155 or break above into fresh highs. USD data risk mid-Asia could trigger volatility.

Key Levels

R: 1.15500 · 1.15593 · 1.16000

S: 1.15000 · 1.14500 · 1.13542