EURUSD London briefing — 2026-07-02

BIAS BEARISH. H4 EMA bearish + D1 neutral structure + RSI midpoint suggest downside bias, though H1 bullish EMA creates intraday friction. KEY LEVELS R: 1.14, 1.145, 1.16222 | S: 1.135, 1.13239, 1.13 NEWS 🟡 EUR Unemployment 09:00 UTC 🟡 ECB Elderson speech 10:00 UTC 🔴 USD Avg Hourly Earnings 12:30 UTC SESSION OUTLOOK Elderson speech and US earnings dominate. Watch 1.14 resistance; break below 1.135 support confirms continuation lower. PRO UNLOCKS Exact entries, stops, targets, FVG zones, liquidity sweeps — Pro membership only.

Key Levels

R: 1.14000 · 1.14500 · 1.16222

S: 1.13500 · 1.13239 · 1.13000