EURUSD Asia briefing — 2026-08-20

BIAS NEUTRAL — EMAs bullish intraday yet RSI overbought (81.36) conflicts with D1 structure. Upside exhaustion risk despite higher timeframe alignment. KEY LEVELS R: 1.16807, 1.17, 1.175 | S: 1.165, 1.16, 1.15018 NEWS 🟡 EUR Construction Output (MoM/YoY) Thu 09:00 UTC 🟡 USD Jobless Claims Thu 12:30 UTC SESSION OUTLOOK Asia opens into resistance 1.16807. Watch if overbought RSI triggers pullback toward 1.165 support before US data.

Key Levels

R: 1.16807 · 1.17000 · 1.17500

S: 1.16500 · 1.16000 · 1.15018