EURCAD Asia briefing — 2026-08-14

BIAS BEARISH. Daily structure bearish; H1 EMA confirms downside, though H4 neutral and RSI (40) lacks conviction—lower timeframes align with bearish bias. KEY LEVELS R: 1.61, 1.615, 1.62498 | S: 1.605, 1.60113, 1.6 NEWS 🟡 EUR Trade Balance n.s.a./s.a. (14 Aug, 09:00 UTC) 🟡 EUR Employment Change QoQ (14 Aug, 10:00 UTC) SESSION OUTLOOK Asia session: watch 1.605 support hold. Low-impact EUR data may trigger range consolidation before London opens; watch for breakdown or rejection.

Key Levels

R: 1.61000 · 1.61500 · 1.62498

S: 1.60500 · 1.60113 · 1.60000