EURCAD Asia briefing — 2026-07-15

BIAS BEARISH. EMA H4/H1 aligned bearish, D1 structure lower, RSI oversold at 29.86 creates potential reversal risk but downtrend intact. KEY LEVELS R: 1.61, 1.615, 1.62735 | S: 1.60522, 1.605, 1.6 NEWS 🟡 ECB Panetta speech Wed 08:40 UTC 🟡 Industrial Production (EUR) Wed 09:00 UTC SESSION OUTLOOK ECB speech and EU data arrive early Asia. Watch 1.605 support hold; break below 1.6 confirms deeper bearish extension. Oversold RSI may spark pullback into resistance. PRO UNLOCKS Exact entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fib levels — unlock with Pro

Key Levels

R: 1.61000 · 1.61500 · 1.62735

S: 1.60522 · 1.60500 · 1.60000