EURUSD London briefing — 2026-08-18

BIAS BULLISH. Daily structure supports upside; H4 EMA bullish aligns with bias despite H1 neutrality and mid-range RSI. KEY LEVELS R: 1.16, 1.16161, 1.165 | S: 1.155, 1.15, 1.1435 NEWS 🟡 ZEW Survey (EUR) 09:00 UTC | 🟡 ECB Lane speech 11:45 UTC | 🟡 ADP 4-week avg (USD) 12:15 UTC SESSION OUTLOOK ZEW and Lane speech could catalyze near-term EUR moves; watch ADP reaction for dollar strength counter-signals.

Key Levels

R: 1.16000 · 1.16161 · 1.16500

S: 1.15500 · 1.15000 · 1.14350