EURUSD New York briefing — 2026-08-21

BIAS BULLISH. EMA alignment (H4/H1) confirms daily structure; RSI overbought warns of pullback risk but doesn't negate uptrend conviction. KEY LEVELS R: 1.17, 1.17109, 1.175 | S: 1.165, 1.16, 1.15018 NEWS 🔴 S&P Global Manufacturing PMI (USD) — 21 Aug, 13:45 UTC 🔴 S&P Global Services PMI (USD) — 21 Aug, 13:45 UTC 🟡 S&P Global Composite PMI (USD) — 21 Aug, 13:45 UTC SESSION OUTLOOK PMI data could trigger volatility around 1.17 resistance. Watch for momentum fade or breakout confirmation on overbought RSI.

Key Levels

R: 1.17000 · 1.17109 · 1.17500

S: 1.16500 · 1.16000 · 1.15018