EURUSD Asia briefing — 2026-08-05

BIAS BULLISH. H4/H1 EMAs aligned bullish, D1 structure supports upside, RSI neutral (59.57) leaves room for continuation without overbought risk. KEY LEVELS R: 1.155, 1.15593, 1.16 | S: 1.15, 1.145, 1.13542 NEWS 🟡 HCOB Composite PMI (EUR) Wed 08:00 UTC 🟡 Producer Price Index MoM (EUR) Wed 09:00 UTC 🟡 HCOB Services PMI (EUR) Wed 08:00 UTC SESSION OUTLOOK Asia opens with bullish structure intact. Watch PMI data at 08:00 UTC for potential momentum shift; weak readings risk dip to 1.15 support.

Key Levels

R: 1.15500 · 1.15593 · 1.16000

S: 1.15000 · 1.14500 · 1.13542