EURCAD Asia briefing — 2026-07-08

BIAS BULLISH. D1 structure and H4 EMA confirm upside; H1 neutral divergence adds caution but doesn't negate higher timeframe conviction. KEY LEVELS R: 1.62, 1.625, 1.62921 | S: 1.615, 1.61256, 1.61 NEWS 🟡 ECB Escrivá speech (EUR) Wed 08 Jul 07:30 UTC SESSION OUTLOOK Asia quiet; watch for consolidation near 1.61938 ahead of ECB event. Break above 1.62 strengthens bullish thesis. PRO UNLOCKS Entry zones, SL placement, TP targets, FVG sweeps, Fibonacci extension — unlock with Pro.

Key Levels

R: 1.62000 · 1.62500 · 1.62921

S: 1.61500 · 1.61256 · 1.61000