EURUSD London briefing — 2026-06-02

BIAS BULLISH. H1 EMA bullish despite H4 neutrality and RSI at midline; D1 structure neutral but intraday momentum favours upside. KEY LEVELS R: 1.165, 1.17, 1.17215 | S: 1.16, 1.15774, 1.155 NEWS 🔴 Core CPI MoM/YoY + CPI MoM (EUR) — 09:00 UTC. High volatility expected; risk of EUR strength or weakness depending on data beat/miss. SESSION OUTLOOK CPI prints drive session. Watch 1.165 resistance post-data; support holds at 1.16 on downside rejection. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro subscription.

Key Levels

R: 1.16500 · 1.17000 · 1.17215

S: 1.16000 · 1.15774 · 1.15500