EURUSD Asia briefing — 2026-10-28

BIAS BEARISH. D1+H4+H1 trend alignment, H4/H1 fair value gaps, and oversold RSI(14) at 27.94 drive this direction despite liquidity sweep of lows. KEY LEVELS R: 1.115, 1.12, 1.1337 | S: 1.1114, 1.11, 1.105 NEWS 🟡 MBA Mortgage Applications (USD) 11:00 UTC 🟡 Goods Trade Balance (USD) 12:30 UTC 🟡 Wholesale Inventories (USD) 12:30 UTC SESSION OUTLOOK Asia session starts with RSI extreme. Watch for H1 continuation into support clusters or mean-reversion traps ahead of US data.

Key Levels

R: 1.11500 · 1.12000 · 1.13370

S: 1.11140 · 1.11000 · 1.10500