EURCAD Asia briefing — 2026-06-16

BIAS BULLISH. H4/H1 EMAs aligned bullish, D1 structure supports upside, RSI neutral (66) confirms momentum without overextension. KEY LEVELS R: 1.62446, 1.625, 1.63 | S: 1.62, 1.615, 1.60287 NEWS 🟡 Labor Cost Index (EUR) – 09:00 UTC 🟡 ZEW Economic Sentiment (EUR) – 09:00 UTC 🟡 ECB Escrivá Speech – 10:55 UTC SESSION OUTLOOK Asia session likely quiet; watch for volatility spike at 09:00 UTC when dual EUR releases hit. Speech at 10:55 could extend moves. PRO UNLOCKS Entry confluences, SL/TP placement, FVG zones, liquidity sweeps — unlock with Pro subscription.

Key Levels

R: 1.62446 · 1.62500 · 1.63000

S: 1.62000 · 1.61500 · 1.60287