EURCAD Asia briefing — 2026-10-06

BIAS BEARISH. D1 + H4 + H1 trend alignment and H4 fair value gaps drive downside pressure despite neutral RSI and bullish H1 FVGs. KEY LEVELS R: 1.6141, 1.61, 1.605 | S: 1.59496, 1.595, 1.6 NEWS 🔴 EUR Retail Sales (MoM/YoY) — Tue 09:00 UTC 🟡 CAD Exports — Tue 12:30 UTC SESSION OUTLOOK EUR retail data hits pre-London open; watch for volatility. CAD exports follow midday. Price tests 1.6 support on downside bias.

Key Levels

R: 1.60500 · 1.61000 · 1.61410

S: 1.60000 · 1.59500 · 1.59496