EURCAD Asia briefing — 2026-08-19

BIAS BULLISH. D1 structure supports upside; H4/H1 EMA divergence and RSI 61.82 (neutral zone) suggest caution, but daily bias intact. KEY LEVELS R: 1.61, 1.615, 1.62498 | S: 1.605, 1.6, 1.59784 NEWS 🔴 Lagarde speech (ECB) Wed 07:10 UTC | 🟡 Current Account EUR Wed 08:00 UTC SESSION OUTLOOK Lagarde speech is the catalyst; watch for EUR reaction ahead of Asia close. Price needs hold above 1.605 support to maintain bullish structure.

Key Levels

R: 1.61000 · 1.61500 · 1.62498

S: 1.60500 · 1.60000 · 1.59784