EURUSD London briefing — 2026-06-16

BIAS BULLISH. Daily structure bullish; H1 EMA confirms upside, though H4 neutral and RSI mid-range temper conviction. KEY LEVELS R: 1.16, 1.165, 1.16857 | S: 1.155, 1.15002, 1.15 NEWS 🟡 Labor Cost Index (EUR) 09:00 UTC 🟡 ZEW Economic Sentiment (EUR) 09:00 UTC 🟡 ECB Escrivá speech 10:55 UTC SESSION OUTLOOK Watch early NFP-adjacent sentiment flow; Escrivá speech may pivot EUR bias. Hold above 1.155 for bullish structure integrity. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG liquidity sweeps, Fib extensions—unlock with Pro subscription.

Key Levels

R: 1.16000 · 1.16500 · 1.16857

S: 1.15500 · 1.15002 · 1.15000