EURUSD London briefing — 2026-05-29

BIAS BULLISH. H1 EMA bullish overrides neutral D1; RSI neutral supports continuation without overbought risk. KEY LEVELS R: 1.165, 1.17, 1.18088 | S: 1.16, 1.15774, 1.155 NEWS 🟡 Fed's Schmid speech (10:50 UTC) 🟡 Goods Trade Balance (12:30 UTC) 🟡 Wholesale Inventories (12:30 UTC) SESSION OUTLOOK Schmid speech may inject USD volatility mid-session. Watch 1.165 resistance; break targets 1.17. Tier-2 data at 12:30 UTC could trigger range repricing. PRO UNLOCKS Entry 1.1645 | SL 1.1570 | TP1 1.1665 | TP2 1.1708

Key Levels

R: 1.16500 · 1.17000 · 1.18088

S: 1.16000 · 1.15774 · 1.15500