EURCAD Asia briefing — 2026-09-10

BIAS BEARISH. Daily structure weak; H4 confirms downtrend despite H1 neutrality. RSI mid-range offers no support to bulls. KEY LEVELS R: 1.61, 1.615, 1.61879 | S: 1.605, 1.6, 1.59791 NEWS 🔴 ECB Main Refinancing Operations Rate (EUR) Thu 12:15 UTC 🔴 ECB Monetary Policy Statement (EUR) Thu 12:15 UTC 🔴 ECB Rate On Deposit Facility (EUR) Thu 12:15 UTC SESSION OUTLOOK ECB decisions at 12:15 UTC dominate. Rate hold expected; guidance shifts matter. Watches 1.605 support into event.

Key Levels

R: 1.61000 · 1.61500 · 1.61879

S: 1.60500 · 1.60000 · 1.59791