EURUSD London briefing — 2026-08-06

BIAS BULLISH — EMA H4/H1 aligned uptrend, D1 structure supports higher, RSI neutral zone offers room to run without overbought risk. KEY LEVELS R: 1.155, 1.15598, 1.16 | S: 1.15, 1.145, 1.13542 NEWS 🟡 Economic Bulletin (EUR) 08:00 UTC 🔴 Retail Sales YoY (EUR) 09:00 UTC 🟡 Retail Sales MoM (EUR) 09:00 UTC SESSION OUTLOOK Strong data could accelerate toward 1.155–1.16. Weaker prints risk pullback into support zone. Watch 09:00 release for directional confirmation.

Key Levels

R: 1.15500 · 1.15598 · 1.16000

S: 1.15000 · 1.14500 · 1.13542