EURUSD New York briefing — 2026-05-19

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI 37 confirms weakness despite neutral D1. KEY LEVELS R: 1.165, 1.17, 1.18088 | S: 1.1609, 1.16, 1.155 NEWS 🟡 Pending Home Sales (MoM/YoY) 14:00 UTC | 🔴 Redbook Index (YoY) 12:55 UTC SESSION OUTLOOK US data drops mid-session. Watch 1.165 resistance for rejection; break below 1.16 targets support cluster. PRO UNLOCKS [Entry 1.1618, SL 1.1652, TP1 1.1600, TP2 1.1555, FVG 1.1640–1.1625 — unlock with Pro]

Key Levels

R: 1.16500 · 1.17000 · 1.18088

S: 1.16090 · 1.16000 · 1.15500