EURUSD New York briefing — 2026-10-20

BIAS NEUTRAL. H4 EMA bearish conflicts with H1 neutral and D1 bullish structure; RSI neutral; fair value gaps diverge (H4 bullish vs H1 bearish). KEY LEVELS R: 1.125, 1.13, 1.1451 | S: 1.12, 1.115, 1.1114 NEWS 🟡 ADP Employment Change 4-week average (Tue 12:15 UTC) 🟡 Building Permits MoM (Tue 12:30 UTC) SESSION OUTLOOK Wait for ADP data reaction before committing directionally. Monitor H1 fair value gap rejection behavior around support zone.

Key Levels

R: 1.12500 · 1.13000 · 1.14510

S: 1.12000 · 1.11500 · 1.11140