EURCAD Asia briefing — 2026-09-01

BIAS BEARISH. H4 and H1 EMAs aligned downward; D1 structure confirms; RSI neutral zone allows room to test support without invalidation. KEY LEVELS R: 1.61, 1.615, 1.61879 | S: 1.605, 1.6, 1.59784 NEWS 🔴 Core CPI MoM (EUR) 09:00 UTC 🔴 Core CPI YoY (EUR) 09:00 UTC 🟡 HCOB Manufacturing PMI (EUR) 08:00 UTC SESSION OUTLOOK EUR data hits at 08:00–09:00 UTC; watch for weakness confirmation into support. CAD overnight sentiment may drive early Asia volatility.

Key Levels

R: 1.61000 · 1.61500 · 1.61879

S: 1.60500 · 1.60000 · 1.59784