EURUSD New York briefing — 2026-10-06

BIAS BEARISH. Daily structure, H4 EMA, and H4 fair value gaps align downward; H1 bullish bias is overridden by higher timeframe confluence. KEY LEVELS R: 1.13, 1.135, 1.16538 | S: 1.125, 1.12, 1.11617 NEWS 🟡 ADP Employment Change 4-week avg (Tue 12:15 UTC) 🟡 Goods/Services Trade Balance (Tue 12:30 UTC) SESSION OUTLOOK NY session opens into medium-impact USD data. Watch if ADP supports bearish momentum toward 1.125 support or triggers H1 bullish pullback into resistance.

Key Levels

R: 1.13000 · 1.13500 · 1.16538

S: 1.12500 · 1.12000 · 1.11617