EURUSD Asia briefing — 2026-10-02

BIAS BEARISH. Aligned D1/H4/H1 trend, oversold RSI(14) at 29.16, and bearish fair value gaps on both H4 and H1 confirm downside structure. KEY LEVELS R: 1.125, 1.13, 1.16538 | S: 1.12159, 1.12, 1.115 NEWS 🔴 Core HICP MoM/YoY – Fri 02 Oct 09:00 UTC 🟡 Cipollone ECB speech – Fri 02 Oct 07:30 UTC SESSION OUTLOOK Core inflation data at 09:00 UTC will dictate intraday volatility. Watch support holds into ECB commentary; weak CPI could accelerate bearish momentum toward 1.12.

Key Levels

R: 1.12500 · 1.13000 · 1.16538

S: 1.12159 · 1.12000 · 1.11500