EURUSD New York briefing — 2026-06-05

BIAS BEARISH — Daily structure bearish; RSI neutral at 55 prevents confirmation, but H4/H1 neutral divergence suggests consolidation into bearish continuation, not reversal. KEY LEVELS R: 1.165, 1.16857, 1.17 | S: 1.16, 1.15774, 1.155 NEWS 🟡 Baker Hughes US Oil Rig Count (17:00 UTC) 🟡 CFTC EUR/Gold NC Net Positions (19:30 UTC) SESSION OUTLOOK Watch for rejection at 1.165–1.16857 before testing 1.16 support. Rig count and CFTC data may trigger USD volatility late session. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci confluences — unlock with Pro.

Key Levels

R: 1.16500 · 1.16857 · 1.17000

S: 1.16000 · 1.15774 · 1.15500