EURCAD Asia briefing — 2026-09-04

BIAS BEARISH — H4/H1 EMAs aligned downward; RSI neutral at 36.99 avoids oversold trap; D1 structure offers no counter-signal. KEY LEVELS R: 1.605, 1.61, 1.61879 | S: 1.6, 1.59784, 1.595 NEWS 🔴 Retail Sales YoY (EUR) — Fri 09:00 UTC 🟡 Retail Sales MoM (EUR) — Fri 09:00 UTC 🟡 ECB Lane Speech (EUR) — Fri 09:00 UTC SESSION OUTLOOK Asia session likely quiet. EUR catalysts arrive Friday morning; watch for intraday pullback into resistance before data shock.

Key Levels

R: 1.60500 · 1.61000 · 1.61879

S: 1.60000 · 1.59784 · 1.59500