EURCAD London briefing — 2026-05-28

BIAS BULLISH — D1 structure + H4/H1 EMA alignment confirm uptrend despite neutral RSI. KEY LEVELS R: 1.61, 1.61341, 1.615 | S: 1.605, 1.6, 1.59476 NEWS 🟡 Cipollone speech (EUR) 08:30 UTC 🟡 Business Climate (EUR) 09:00 UTC 🟡 Consumer Confidence (EUR) 09:00 UTC SESSION OUTLOOK ECB speakers and eurozone data risk volatility around London open. Watch 1.61 resistance—break triggers continuation; hold at 1.605 supports bias. PRO UNLOCKS Entry 1.60893, SL 1.59476, TP1 1.61, TP2 1.615 | FVG 1.608–1.6085 |

Key Levels

R: 1.61000 · 1.61341 · 1.61500

S: 1.60500 · 1.60000 · 1.59476