EURUSD London briefing — 2026-09-08

BIAS BULLISH. Daily structure supports upside despite H1 neutrality; H4 remains constructive. RSI at 48.7 leaves room to run without overbought pressure. KEY LEVELS R: 1.165, 1.17, 1.17109 | S: 1.16, 1.155, 1.14898 NEWS 🟡 ADP Employment Change 4-week average (USD) 12:15 UTC 🔴 NFIB Business Optimism Index (USD) 10:00 UTC 🔴 Redbook Index YoY (USD) 12:55 UTC SESSION OUTLOOK US data prints may pressure USD; watch 1.165 resistance. Bullish bias holds if support holds above 1.16.

Key Levels

R: 1.16500 · 1.17000 · 1.17109

S: 1.16000 · 1.15500 · 1.14898