EURCAD Asia briefing — 2026-10-07

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downside; H4 and H1 fair value gaps confirm sell pressure; RSI neutral supports continuation without overbought risk. KEY LEVELS R: 1.6141, 1.605, 1.6 | S: 1.59496, 1.595, 1.59 NEWS 🟡 ECB Cipollone speech Wed 05:00 UTC 🟡 ECB Vujčić speeches Wed 07:20 & 17:30 UTC SESSION OUTLOOK Asia session typically quiet; watch for early dip toward support. ECB speakers later may trigger volatility on EUR sentiment shift.

Key Levels

R: 1.60000 · 1.60500 · 1.61410

S: 1.59500 · 1.59496 · 1.59000