EURCAD London briefing — 2026-06-02

BIAS BULLISH. H4/H1 EMAs aligned uptrend, D1 structure bullish; RSI 62.4 neutral but not overextended. KEY LEVELS R: 1.61269, 1.615, 1.62 | S: 1.61, 1.605, 1.59476 NEWS 🔴 Core CPI (MoM/YoY) EUR — 09:00 UTC 🔴 Harmonized CPI (MoM) EUR — 09:00 UTC SESSION OUTLOOK Eurozone inflation data (09:00) drives volatility. Watch reaction at 1.61269 resistance; breach targets 1.615. Support holds at 1.61. PRO UNLOCKS [Entry targets, SL placement, TP zones, FVG liquidity, Fib extensions — Pro members only]

Key Levels

R: 1.61269 · 1.61500 · 1.62000

S: 1.61000 · 1.60500 · 1.59476