EURCAD Asia briefing — 2026-10-12

BIAS BEARISH. D1 structure + H4 EMA + H1 FVGs align downside; RSI neutral supports continuation without reversal risk. KEY LEVELS R: 1.6, 1.605, 1.6141 | S: 1.595, 1.59075, 1.59 NEWS 🟡 ECB Vujčić (Mon 10:00 UTC) | 🟡 ECB Elderson (Tue 07:15 UTC) | 🟡 ECB Escrivá (Tue 08:05 UTC) SESSION OUTLOOK Asia opens into ECB event risk Monday morning. Watch price reaction at 1.595 support; break below confirms lower-leg setup toward 1.59.

Key Levels

R: 1.60000 · 1.60500 · 1.61410

S: 1.59500 · 1.59075 · 1.59000