EURUSD London briefing — 2026-07-08

BIAS BULLISH. Daily structure bullish, H1 EMA bullish, RSI neutral at 59.92 provides room to run higher without overbought constraint. KEY LEVELS R: 1.145, 1.15, 1.16222 | S: 1.14, 1.135, 1.13239 NEWS 🟡 MBA Mortgage Applications (Wed 11:00 UTC) 🟡 Wholesale Inventories (Wed 14:00 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) SESSION OUTLOOK London morning likely quiet; watch for USD reaction to 14:00–14:30 data cluster. Bias favors probing 1.145–1.15 if risk sentiment holds. PRO UNLOCKS Entry zones, SL placement, TP cascades, FVG invalidation levels, liquidity sweeps — unlock

Key Levels

R: 1.14500 · 1.15000 · 1.16222

S: 1.14000 · 1.13500 · 1.13239