EURUSD London briefing — 2026-06-23

BIAS BEARISH. EMA H4/H1 aligned downtrend; RSI 36 supports weakness; D1 structure confirms lower directional bias. KEY LEVELS R: 1.145, 1.15, 1.16451 | S: 1.1418, 1.14, 1.135 NEWS 🔴 HCOB Composite PMI (EUR) 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) 08:00 UTC 🟡 ECB Escrivá speech 08:00 UTC SESSION OUTLOOK London open aligns with high-impact EUR data. Soft PMI readings reinforce downside momentum; watch 1.145 resistance rejection and support hold at 1.1418. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets

Key Levels

R: 1.14500 · 1.15000 · 1.16451

S: 1.14180 · 1.14000 · 1.13500