EURUSD London briefing — 2026-07-23

BIAS BEARISH. D1 structure bearish; H4 EMA bullish vs H1 neutral creates friction, but daily trend dominates. RSI neutral (52.77) allows downside without overbought rejection. KEY LEVELS R: 1.145, 1.14818, 1.15 | S: 1.14, 1.1378, 1.135 NEWS 🔴 ECB Main Refinancing Rate, Monetary Policy Statement, Deposit Facility Rate — Thu 23 Jul 12:15 UTC SESSION OUTLOOK ECB decision intraday creates volatility spike risk. Watch 1.145 resistance; break below 1.14 confirms bearish continuation into European close. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro

Key Levels

R: 1.14500 · 1.14818 · 1.15000

S: 1.14000 · 1.13780 · 1.13500