EURUSD New York briefing — 2026-10-05

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downside; H4 and H1 fair value gaps confirm the trend vote; RSI neutral supports continuation without overbought resistance. KEY LEVELS R: 1.125, 1.13, 1.16538 | S: 1.12, 1.11617, 1.115 NEWS 🟡 S&P Global Composite PMI (USD) 13:45 UTC 🟡 ISM Services Employment Index (USD) 14:00 UTC SESSION OUTLOOK USD data drives volatility into early New York. Watch for breaks below 1.12 support; softer PMI/ISM could accelerate bearish momentum.

Key Levels

R: 1.12500 · 1.13000 · 1.16538

S: 1.12000 · 1.11617 · 1.11500