EURCAD Asia briefing — 2026-05-14

BIAS BEARISH — D1 structure drives bias despite H4/H1 divergence; RSI neutral supports downside continuation. KEY LEVELS R: 1.61513, 1.615, 1.61 | S: 1.605, 1.6, 1.59052 NEWS 🔴 ECB Lagarde speech — Thu 09:15 UTC (EUR volatility expected) 🟡 CAD Wholesale Sales — Thu 12:30 UTC 🟡 CAD Housing Starts YoY — Fri 12:15 UTC SESSION OUTLOOK Lagarde speech triggers early volatility; watch rejection at 1.61 resistance. Break below 1.605 confirms bearish bias into London open. PRO UNLOCKS Exact entry 1.60571, SL 1.6185, TP1 1.5985, TP2 1.5820,

Key Levels

R: 1.61000 · 1.61500 · 1.61513

S: 1.60500 · 1.60000 · 1.59052