EURUSD London briefing — 2026-07-16

BIAS BULLISH. H1 EMA bullish structure supports upside; H4 neutral and RSI 63.54 suggest caution, but daily remains constructive without breakdown signal. KEY LEVELS R: 1.14818, 1.15, 1.155 | S: 1.145, 1.14, 1.13609 NEWS 🟡 EUR Trade Balance (n.s.a. & s.a.) 09:00 UTC 🟡 USD Continuing Jobless Claims 12:30 UTC SESSION OUTLOOK Watch early EU data for volatility; price near 1.14818 resistance. US data at London mid-session may trigger breakout or consolidation. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets → unlock with Pro

Key Levels

R: 1.14818 · 1.15000 · 1.15500

S: 1.14500 · 1.14000 · 1.13609