EURUSD New York briefing — 2026-08-28

BIAS BEARISH — H1 EMA bearish with RSI neutral at 40 confirms downside lean; D1 structure neutral prevents strong conviction. KEY LEVELS R: 1.165, 1.17, 1.17109 | S: 1.16, 1.155, 1.1512 NEWS 🔴 Fed Chair Warsh speech (14:00 UTC) 🟡 Chicago PMI (13:45 UTC) 🟡 Michigan Consumer Expectations (14:00 UTC) SESSION OUTLOOK Warsh speech is the day's pivot—hawkish signals could extend the bearish setup toward 1.155. Watch for dollar strength acceleration post-speech.

Key Levels

R: 1.16500 · 1.17000 · 1.17109

S: 1.16000 · 1.15500 · 1.15120