EURUSD London briefing — 2026-09-16

BIAS BEARISH. H1/H4 EMAs aligned downside; D1 structure confirms; RSI neutral at 40.55 avoids overbought rejection. KEY LEVELS R: 1.155, 1.16, 1.16558 | S: 1.15, 1.14898, 1.145 NEWS 🟡 Industrial Production s.a. (MoM) Wed 09:00 UTC 🟡 Labor Cost Index Wed 09:00 UTC SESSION OUTLOOK London opens into soft eurozone data. Watch 1.155 resistance—break signals fade, hold invites short continuation toward 1.15 support.

Key Levels

R: 1.15500 · 1.16000 · 1.16558

S: 1.15000 · 1.14898 · 1.14500