EURUSD New York briefing — 2026-05-18

BIAS BEARISH — H4 EMA bearish overrides neutral D1; RSI neutral supports downside continuation without strength. KEY LEVELS R: 1.165, 1.17, 1.18088 | S: 1.1609, 1.16, 1.155 NEWS NAHB Housing Market Index 🟡 (Mon 14:00 UTC) | 3M/6M Bill Auctions 🟡 (Mon 15:30 UTC) SESSION OUTLOOK Low-impact data allows price to respect H4 bearish structure. Watch 1.165 resistance; breaks below 1.1609 confirm downtrend. PRO UNLOCKS Entry 1.1635, SL 1.1668, TP 1.1575/1.155 — FVG 1.162–1.1641, liquidity sweep 1.17 — unlock Pro.

Key Levels

R: 1.16500 · 1.17000 · 1.18088

S: 1.16090 · 1.16000 · 1.15500