EURCAD Asia briefing — 2026-08-28

BIAS BULLISH. D1 structure supports upside; H4 EMA bullish despite RSI neutral and H1 divergence suggests momentum building but not yet confirmed. KEY LEVELS R: 1.61879, 1.62 | S: 1.61, 1.605, 1.59784 NEWS 🟡 Business Climate (EUR) Fri 09:00 UTC 🟡 Consumer Confidence (EUR) Fri 09:00 UTC 🟡 Economic Sentiment Indicator (EUR) Fri 09:00 UTC SESSION OUTLOOK Three medium-impact EUR prints at 09:00 UTC may trigger volatility around 1.615–1.62 resistance. Watch price reaction at open; weak data risks pullback to support.

Key Levels

R: 1.61500 · 1.61879 · 1.62000

S: 1.61000 · 1.60500 · 1.59784