EURUSD Asia briefing — 2026-10-07

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA combined with bearish H4 fair value gaps establish downside bias despite neutral RSI. KEY LEVELS R: 1.13, 1.135, 1.1642 | S: 1.125, 1.12, 1.11617 NEWS 🟡 ECB Cipollone (05:00 UTC) 🟡 ECB Vujčić (07:20 UTC) 🟡 MBA Mortgage Apps (11:00 UTC) SESSION OUTLOOK Watch ECB rhetoric for EUR weakness confirmation. H1 bullish FVGs may trap stops before Asia close; monitor 1.125 support hold.

Key Levels

R: 1.13000 · 1.13500 · 1.16420

S: 1.12500 · 1.12000 · 1.11617