EURUSD London briefing — 2026-08-11

BIAS BULLISH — D1 structure bullish; H4 EMA bullish supports upside, though H1 neutral and RSI(14) mid-range warrant caution on momentum strength. KEY LEVELS R: 1.155, 1.159, 1.16 | S: 1.15, 1.145, 1.13542 NEWS 🟡 ADP Employment Change 4-week average — Tue 12:15 UTC 🔴 NFIB Business Optimism Index — Tue 10:00 UTC 🔴 Redbook Index (YoY) — Tue 12:55 UTC SESSION OUTLOOK Watch ADP and Redbook for USD directional clues; weak data could extend Euro strength toward 1.159. H1 neutrality suggests range-bound early trade before London momentum builds.

Key Levels

R: 1.15500 · 1.15900 · 1.16000

S: 1.15000 · 1.14500 · 1.13542