EURUSD London briefing — 2026-08-24

BIAS BULLISH — H4 EMA bullish; RSI neutral at 52.54 supports upside continuation without overextension. D1 structure neutral, but hourly setup permitting higher prices. KEY LEVELS R: 1.17109, 1.175 | S: 1.165, 1.16, 1.1512 NEWS 🟡 Chicago Fed National Activity Index (USD) 12:30 UTC 🟡 3M & 6M Bill Auctions (USD) 15:30 UTC SESSION OUTLOOK London open may probe 1.17 resistance on thin early volumes. Auction data trivial; watch for USD technicals near noon spike risk.

Key Levels

R: 1.17000 · 1.17109 · 1.17500

S: 1.16500 · 1.16000 · 1.15120