EURUSD Asia briefing — 2026-11-02

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA alignment combined with H1 fair value gap support the downside bias. KEY LEVELS R: 1.125, 1.12786, 1.13 | S: 1.12, 1.115, 1.11068 NEWS 🟡 HCOB Manufacturing PMI (EUR) 09:00 UTC 🟡 ECB Vujčić speech (EUR) 09:45 & 10:00 UTC SESSION OUTLOOK Asia wraps with light event risk early. ECB speeches inject volatility mid-session; watch for reaction around 1.125 resistance.

Key Levels

R: 1.12500 · 1.12786 · 1.13000

S: 1.12000 · 1.11500 · 1.11068