EURUSD Asia briefing — 2026-08-21

BIAS BULLISH with caution. EMA alignment (H4/H1) + daily structure support upside, but RSI 72.73 signals overbought conditions—risk of pullback before continuation. KEY LEVELS R: 1.17, 1.17109, 1.175 | S: 1.165, 1.16, 1.15018 NEWS 🔴 HCOB Composite PMI (EUR) — Fri 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) — Fri 08:00 UTC 🔴 HCOB Services PMI (EUR) — Fri 08:00 UTC SESSION OUTLOOK Watch PMI data for EUR strength confirmation. Overbought RSI may delay push to 1.17 resistance; support holds if data disappoints.

Key Levels

R: 1.17000 · 1.17109 · 1.17500

S: 1.16500 · 1.16000 · 1.15018