EURUSD New York briefing — 2026-08-31

BIAS BEARISH. D1 structure confirms downtrend; RSI neutral (48.32) leaves room for continuation without overbought rejection; H4/H1 EMAs divergent but daily bias dominates. KEY LEVELS R: 1.16, 1.165, 1.17109 | S: 1.155, 1.15, 1.14898 NEWS 🟡 Dallas Fed Manufacturing (14:30 UTC) 🟡 3M & 6M Bill Auctions (15:30 UTC) SESSION OUTLOOK Watch for USD strength off weak data or auction demand. Lower closes near 1.155 target weakness; holds above 1.16 challenge bearish structure.

Key Levels

R: 1.16000 · 1.16500 · 1.17109

S: 1.15500 · 1.15000 · 1.14898