EURCAD Asia briefing — 2026-10-13

BIAS BEARISH. D1+H4+H1 EMA alignment combined with bearish H4 and H1 fair value gaps drive directional conviction. KEY LEVELS R: 1.6141, 1.6, 1.595 | S: 1.585, 1.59, 1.59075 NEWS 🟡 ECB Elderson 07:15 UTC 🟡 ECB Escrivá 08:05 UTC 🟡 ECB Lane 18:30 UTC SESSION OUTLOOK Asia opens into medium ECB rhetoric risk. Watch for consolidation into European open where speeches amplify volatility around resistance.

Key Levels

R: 1.59500 · 1.60000 · 1.61410

S: 1.59075 · 1.59000 · 1.58500