EURCAD Asia briefing — 2026-07-14

BIAS BEARISH. H4/H1 EMAs aligned downward; D1 structure bearish; RSI at 30 shows room to test support without oversold extremes. KEY LEVELS R: 1.615, 1.62, 1.62735 | S: 1.61057, 1.61, 1.605 NEWS 🔴 ECB President Lagarde speech – Tue 14 Jul 13:00 UTC (EUR volatility catalyst) 🟡 ECB Panetta speech – Wed 15 Jul 08:40 UTC 🟡 EUR Industrial Production (MoM) – Wed 15 Jul 09:00 UTC SESSION OUTLOOK Asia session likely quiet before Lagarde. Watch for early shorts testing 1.61 support; hawkish remarks could reverse bias mid-session. PRO UNLOCKS Entry, SL, TP1, TP

Key Levels

R: 1.61500 · 1.62000 · 1.62735

S: 1.61057 · 1.61000 · 1.60500