EURCAD Asia briefing — 2026-09-15

BIAS BEARISH — H4 EMA bearish with price neutral RSI; D1 structure neutral creates conflicting signals, but H4 momentum lower remains the dominant micro read. KEY LEVELS R: 1.61, 1.615, 1.61879 | S: 1.605, 1.6, 1.59791 NEWS 🟡 ZEW Economic Sentiment (EUR) — Tue 09:00 UTC | 🔴 Trade Balance n.s.a. & s.a. (EUR) — Tue 09:00 UTC SESSION OUTLOOK EU data drops early Asia; watch rejection at 1.61 resistance or hold below 1.605 support. H4 bearish bias needs confirmation via price action into cash open.

Key Levels

R: 1.61000 · 1.61500 · 1.61879

S: 1.60500 · 1.60000 · 1.59791