EURUSD London briefing — 2026-06-04

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral at 36.42 supports further downside without overbought resistance. KEY LEVELS R: 1.165, 1.16857, 1.17 | S: 1.16, 1.15774, 1.155 NEWS 🔴 Lagarde Speech (EUR) 08:00 UTC 🔴 Retail Sales YoY (EUR) 10:00 UTC 🟡 Retail Sales MoM (EUR) 10:00 UTC SESSION OUTLOOK Lagarde commentary could trigger volatility. Watch 1.16 support hold; break below opens 1.15774. Retail data caps upside into resistance. PRO UNLOCKS [Entry, SL, TP1, TP2, FVG zones, liquidity sweep, Fibonacci levels — unlock with Pro]

Key Levels

R: 1.16500 · 1.16857 · 1.17000

S: 1.16000 · 1.15774 · 1.15500