EURCAD Asia briefing — 2026-05-22

BIAS BEARISH — D1 structure dominates despite neutral H4/H1 EMAs; RSI neutral supports downside continuation from daily bias. KEY LEVELS R: 1.605, 1.61, 1.61513 | S: 1.6, 1.595, 1.59052 NEWS 🟡 ECB Lane speech (01:15 UTC) 🟡 Negotiated Wage Rates (09:00 UTC) 🟡 CAD Employment Insurance (12:30 UTC) SESSION OUTLOOK Lane speech may spark EUR volatility early. Watch 1.605 resistance; break below 1.6 confirms bearish bias into London open. PRO UNLOCKS Entry zones, SL placement, TP cascades, FVG sweeps, liquidity targets — unlock with Pro subscription.

Key Levels

R: 1.60500 · 1.61000 · 1.61513

S: 1.60000 · 1.59500 · 1.59052