EURUSD Asia briefing — 2026-10-09

BIAS BEARISH. D1+H4+H1 trend vote, H4/H1 fair value gaps, and H4 EMA structure drive downside conviction despite neutral RSI. KEY LEVELS R: 1.125, 1.13, 1.15997 | S: 1.12, 1.11617, 1.115 NEWS 🟡 ECB Cipollone speech (10:15 UTC) 🟡 ECB Schnabel speech (13:30 UTC) 🟡 Michigan Consumer Expectations (14:00 UTC) SESSION OUTLOOK Asia opens into ECB rhetoric risk. Watch 1.12 support hold; breaks below trigger H4 FVG targets. H1 neutral divergence may cap initial downside.

Key Levels

R: 1.12500 · 1.13000 · 1.15997

S: 1.12000 · 1.11617 · 1.11500