EURUSD London briefing — 2026-09-11

BIAS NEUTRAL. RSI neutral, EMAs divergent across timeframes, D1 structure lacks conviction despite bullish label—no genuine directional edge before data. KEY LEVELS R: 1.165, 1.16928, 1.17 | S: 1.16, 1.155, 1.14898 NEWS 🔴 US CPI (MoM & YoY) Fri 12:30 UTC | 🟡 Core CPI Fri 12:30 UTC SESSION OUTLOOK CPI print dominates London. USD volatility likely; watch 1.165 as immediate reaction pivot. Sideways chop probable pre-data.

Key Levels

R: 1.16500 · 1.16928 · 1.17000

S: 1.16000 · 1.15500 · 1.14898