EURCAD Asia briefing — 2026-08-31

BIAS BEARISH — D1 structure bearish; RSI neutral but H4/H1 EMAs divergent suggest weakness lacks conviction. KEY LEVELS R: 1.615, 1.61879, 1.62 | S: 1.61, 1.605, 1.59784 NEWS 🔴 Core CPI MoM/YoY (EUR) Tue 09:00 UTC 🟡 HCOB Manufacturing PMI (EUR) Tue 08:00 UTC SESSION OUTLOOK Monitor CAD strength during Asian quiet; watch EUR data impact at European open. Break below 1.61 needed to confirm downside commitment.

Key Levels

R: 1.61500 · 1.61879 · 1.62000

S: 1.61000 · 1.60500 · 1.59784