EURUSD London briefing — 2026-06-03

BIAS BEARISH. H4 and H1 EMAs aligned downtrend; RSI 36 neutral-to-weak supports lower bias despite daily structure holding sideways. KEY LEVELS R: 1.165, 1.16857, 1.17 | S: 1.16, 1.15774, 1.155 NEWS 🟡 HCOB Composite PMI (EUR) Wed 08:00 UTC 🟡 Producer Price Index MoM (EUR) Wed 09:00 UTC 🟡 HCOB Services PMI (EUR) Wed 08:00 UTC SESSION OUTLOOK PMI data at London open may trigger volatility near resistances. Watch 1.165 rejection for short momentum into support zone. PRO UNLOCKS [Exact entries, stops, targets, FVG sweeps, and liquidity levels—unlock with Pro]

Key Levels

R: 1.16500 · 1.16857 · 1.17000

S: 1.16000 · 1.15774 · 1.15500