EURUSD London briefing — 2026-07-21

BIAS BEARISH. Daily structure deteriorating; H1/H4 EMAs neutral but RSI at 47 leaves room for downside probe toward support without oversold confirmation yet. KEY LEVELS R: 1.145, 1.14818, 1.15 | S: 1.14, 1.13753, 1.135 NEWS 🔴 ECB Bank Lending Survey 08:00 UTC 🟡 ZEW Economic Sentiment 09:00 UTC 🟡 ECB Nagel Speech 11:30 UTC SESSION OUTLOOK ECB data and Nagel rhetoric could reignite EUR volatility. Watch 1.14 hold; break below triggers acceleration toward 1.13753. PRO UNLOCKS Entry zones, optimal SL placement, TP cascades, liquidity sweep targets, FVG invalidation levels — unlock with Pro subscription.

Key Levels

R: 1.14500 · 1.14818 · 1.15000

S: 1.14000 · 1.13753 · 1.13500