EURUSD New York briefing — 2026-11-02

BIAS BEARISH. D1 trend, H4/H1 EMA alignment, and liquidity sweep of highs drive downside bias despite bullish FVG structures. KEY LEVELS R: 1.125, 1.12786, 1.13 | S: 1.12, 1.115, 1.11068 NEWS 🟡 ECB Escrivá speech 15:00 UTC | 🔴 S&P Manufacturing PMI 14:45 UTC | 🔴 Construction Spending 15:00 UTC SESSION OUTLOOK ECB commentary could fuel EUR volatility. Watch price behavior at 1.125 resistance; break confirms bearish continuation.

Key Levels

R: 1.12500 · 1.12786 · 1.13000

S: 1.12000 · 1.11500 · 1.11068