EURUSD Asia briefing — 2026-10-16

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA combined confirm downtrend despite bullish FVGs and neutral RSI. KEY LEVELS R: 1.125, 1.13, 1.14956 | S: 1.12, 1.115, 1.1114 NEWS 🔴 Fed Chair Warsh speech (03:30 UTC) 🟡 ECB Nagel speech (02:30 UTC) 🟡 Core CPI EUR (09:00 UTC) SESSION OUTLOOK Warsh speech drives USD strength into Asia close. Watch 1.125 resistance; breach triggers FVG pullback.

Key Levels

R: 1.12500 · 1.13000 · 1.14956

S: 1.12000 · 1.11500 · 1.11140