EURCAD Asia briefing — 2026-08-17

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downside bias despite H1 neutrality and RSI mid-range reading. KEY LEVELS R: 1.61, 1.615, 1.62498 | S: 1.605, 1.6, 1.59784 NEWS 🟡 ECB Lane speech (09:30 UTC) 🔴 BoC Core CPI YoY (12:30 UTC) SESSION OUTLOOK Lane speech may support EUR; BoC data will pressure CAD. Watch 1.605 support hold into North American hours.

Key Levels

R: 1.61000 · 1.61500 · 1.62498

S: 1.60500 · 1.60000 · 1.59784