EURCAD Asia briefing — 2026-09-08

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral at 45.54 doesn't contradict the lower timeframe structure. KEY LEVELS R: 1.61, 1.615, 1.61879 | S: 1.605, 1.6, 1.59791 NEWS 🟡 ECB Elderson speech – Tue 15:00 UTC 🔴 ECB Lagarde speech – Wed 17:00 UTC SESSION OUTLOOK Asia session likely quiet; watch for CAD crosses ahead of Elderson. Lagarde speech Wednesday could reshape EUR momentum mid-week.

Key Levels

R: 1.61000 · 1.61500 · 1.61879

S: 1.60500 · 1.60000 · 1.59791