EURUSD Asia briefing — 2026-08-31

BIAS BEARISH — D1 structure bearish; H1 EMA bearish despite H4 neutral; RSI 41 supports downside momentum without oversold extremes. KEY LEVELS R: 1.16, 1.165, 1.17109 | S: 1.155, 1.15, 1.14898 NEWS 🟡 Chicago PMI (USD) 13:45 UTC 🟡 Dallas Fed Manufacturing Index 14:30 UTC 🟡 3-Month Bill Auction 15:30 UTC SESSION OUTLOOK Asia close into London open: watch for USD inflows via manufacturing data. Bears targeting 1.155 support; hold above 1.16 to invalidate bias.

Key Levels

R: 1.16000 · 1.16500 · 1.17109

S: 1.15500 · 1.15000 · 1.14898