EURUSD London briefing — 2026-09-23

BIAS BEARISH. D1 + H4 + H1 trend alignment, bearish fair-value gaps on both H4 and H1, and RSI oversold at 28.58 reinforce downside conviction. KEY LEVELS R: 1.145, 1.15, 1.16538 | S: 1.14227, 1.14, 1.135 NEWS 🔴 HCOB Composite PMI (EUR) — 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) — 08:00 UTC 🟡 ECB Vujčić speech — 07:00 UTC SESSION OUTLOOK High-impact PMI data may trigger volatility. Watch for continuation into support or rejection at 1.145 resistance ahead of ECB commentary.

Key Levels

R: 1.14500 · 1.15000 · 1.16538

S: 1.14227 · 1.14000 · 1.13500