EURCAD Asia briefing — 2026-05-19

BIAS BEARISH — D1 structure dominates despite H1 neutral; H4 confirms downward pressure. KEY LEVELS R: 1.605, 1.61, 1.61513 | S: 1.6, 1.595, 1.59052 NEWS 🟡 Trade Balance n.s.a./s.a. (EUR) 09:00 UTC 🟡 ECB Lane speech 12:00 UTC SESSION OUTLOOK Asia session likely consolidates before European open. Watch Lane speech reaction; trade balance data low-impact but may trigger short squeezes near resistance. PRO UNLOCKS Entry 1.603 / SL 1.6180 / TP1 1.598 / TP2 1.593 / FVG 1.6075-1.6095 — unlock Pro

Key Levels

R: 1.60500 · 1.61000 · 1.61513

S: 1.60000 · 1.59500 · 1.59052