EURUSD London briefing — 2026-05-20

BIAS BEARISH. D1 structure confirmed by aligned H4/H1 bearish EMAs; RSI oversold supports continuation weakness. KEY LEVELS R: 1.16, 1.165, 1.18088 | S: 1.15918, 1.155, 1.15 NEWS 🟡 Core CPI MoM (EUR) 09:00 UTC 🟡 Core CPI YoY (EUR) 09:00 UTC 🟡 CPI MoM (EUR) 09:00 UTC SESSION OUTLOOK Softer inflation data could extend bearish pressure toward support. Watch 1.16 resistance rejection ahead of London open. PRO UNLOCKS Entry zones, SL placement, TP cascades, FVG liquidity, Fibonacci extensions — unlock with Pro subscription.

Key Levels

R: 1.16000 · 1.16500 · 1.18088

S: 1.15918 · 1.15500 · 1.15000