EURCAD London briefing — 2026-06-03

BIAS BULLISH — D1 structure supported, though H4 bullish vs. H1 neutral creates mixed short-term conviction; RSI neutral at 51.35 avoids overbought compression. KEY LEVELS R: 1.61348, 1.615 | S: 1.605, 1.6, 1.59476 NEWS 🟡 HCOB Composite PMI (EUR) — 08:00 UTC 🟡 Producer Price Index MoM (EUR) — 09:00 UTC SESSION OUTLOOK London opens into medium-impact EUR data at 08:00. Watch 1.61 resistance for rejection or breakout; weaker PMI could cap upside momentum. PRO UNLOCKS Unlock precise entry clusters, micro-structure invalidation zones, and optimal risk geometry with Pro subscription.

Key Levels

R: 1.61000 · 1.61348 · 1.61500

S: 1.60500 · 1.60000 · 1.59476