EURCAD Asia briefing — 2026-07-13

BIAS BEARISH. D1 structure and aligned H4/H1 EMAs confirm downtrend; RSI at 35.84 lacks confirmation but price is below resistance. KEY LEVELS R: 1.615, 1.62, 1.62735 | S: 1.61256, 1.61, 1.605 NEWS 🟡 ECB Schnabel speech (EUR) Mon 16:45 UTC — medium impact. SESSION OUTLOOK Watch for Asian consolidation ahead of Schnabel. Break below 1.61256 targets 1.61; hold above 1.615 risks recovery into resistance. PRO UNLOCKS Entry zones, SL placement, TP cascades, FVG liquidity pockets, Fibonacci extension targets — unlock with Pro.

Key Levels

R: 1.61500 · 1.62000 · 1.62735

S: 1.61256 · 1.61000 · 1.60500