EURCAD Asia briefing — 2026-11-04

BIAS BEARISH. Daily structure combined with H1 fair value gaps and unified trend voting (D1+H4+H1 EMAs) drive this direction despite neutral RSI. KEY LEVELS R: 1.57, 1.575, 1.60237 | S: 1.565, 1.56, 1.55536 NEWS 🔴 Core Harmonized CPI (EUR) Wed 10:00 UTC 🟡 HCOB Composite PMI (EUR) Wed 09:00 UTC SESSION OUTLOOK Asia session likely quiet; watch for volatility spike at European open when CPI data drops. Bearish structure favors probes toward support.

Key Levels

R: 1.57000 · 1.57500 · 1.60237

S: 1.56500 · 1.56000 · 1.55536