EURUSD New York briefing — 2026-05-12

BIAS BULLISH — D1 structure overrides neutral H4/H1 EMA; RSI at 39 offers upside room before overbought. KEY LEVELS R: 1.175, 1.18, 1.18088 | S: 1.17, 1.1656, 1.165 NEWS 🟡 Redbook Index (12:55 UTC) 🟡 52-Week Bill Auction (15:30 UTC) 🟡 USDA WASDE (16:00 UTC) SESSION OUTLOOK Low-impact data keeps focus on technicals. Watch 1.175 resistance; break targets 1.18 zone. PRO UNLOCKS Entry 1.1743, SL 1.1656, TP1 1.175, TP2 1.18088, FVG 1.1712–1.1725, liquidity

Key Levels

R: 1.17500 · 1.18000 · 1.18088

S: 1.17000 · 1.16560 · 1.16500