EURUSD New York briefing — 2026-08-20

BIAS NEUTRAL — RSI overbought signals pullback risk, yet H4/H1 EMAs remain bullish and D1 structure supports higher. Conflicting timeframes demand caution. KEY LEVELS R: 1.17, 1.17109, 1.175 | S: 1.165, 1.16, 1.15018 NEWS 🟡 Fed's Musalem speech (15:10 UTC) — medium impact 🔴 EIA Natural Gas Storage (14:30 UTC) — low impact 🔴 4-Week Bill Auction (15:30 UTC) — low impact SESSION OUTLOOK Watch for overbought correction into support ahead of Musalem speech. USD strength could trigger liquidation of long positions if data disappoints.

Key Levels

R: 1.17000 · 1.17109 · 1.17500

S: 1.16500 · 1.16000 · 1.15018