EURCAD Asia briefing — 2026-05-08

BIAS BULLISH — H1 EMA bullish despite neutral D1; RSI approaching overbought supports upside momentum. KEY LEVELS R: 1.605, 1.61, 1.62471 | S: 1.6, 1.595, 1.59052 NEWS 🔴 Lagarde speech 07:00 UTC 🟡 De Guindos speech 07:05 UTC 🟡 Cipollone speech 12:00 UTC SESSION OUTLOOK Three ECB speakers trigger volatility at Asia open. Watch 1.605 resistance as buyers test intraday highs pre-European open. PRO UNLOCKS Entry zones, SL/TP confluence, FVG sweeps, liquidity levels — unlock with Pro

Key Levels

R: 1.60500 · 1.61000 · 1.62471

S: 1.60000 · 1.59500 · 1.59052