EURCAD Asia briefing — 2026-08-13

BIAS BEARISH. D1 structure confirms downtrend; H1 EMA bearish despite H4 neutral. RSI 38.63 neutral but price proximity to support 1.605 suggests sellers in control. KEY LEVELS R: 1.61, 1.615, 1.62498 | S: 1.605, 1.60113, 1.6 NEWS 🟡 EUR Industrial Production MoM (Thu 09:00 UTC) — Medium impact. SESSION OUTLOOK Watch 1.605 support hold/breach. Industrial data could trigger volatility; weakness may accelerate downside toward 1.60113.

Key Levels

R: 1.61000 · 1.61500 · 1.62498

S: 1.60500 · 1.60113 · 1.60000