EURUSD New York briefing — 2026-08-17

BIAS NEUTRAL — EMAs bullish H4/H1 and D1 structure conflict with bearish bias call; RSI overbought (66) suggests pullback risk but lacks conviction lower. KEY LEVELS R: 1.16, 1.16161, 1.165 | S: 1.155, 1.15, 1.13753 NEWS 🟡 NAHB Housing Index (14:00 UTC) 🟡 3M/6M Bill Auctions (15:30 UTC) SESSION OUTLOOK Watch 1.16 resistance. Weak data unlikely to spark USD strength; range-bound action probable into NY close.

Key Levels

R: 1.16000 · 1.16161 · 1.16500

S: 1.15500 · 1.15000 · 1.13753