EURCAD London briefing — 2026-06-04

BIAS BULLISH. H4/H1 EMAs aligned bullish, D1 structure intact; RSI overbought but not invalidating uptrend. KEY LEVELS R: 1.61567, 1.62, 1.625 | S: 1.615, 1.61, 1.59476 NEWS 🔴 Lagarde Speech (ECB) – 08:00 UTC 🔴 Retail Sales YoY (EUR) – 10:00 UTC 🟡 Retail Sales MoM (EUR) – 10:00 UTC SESSION OUTLOOK Lagarde and retail data at London open could spark volatility. Watch 1.61567 resistance; hawkish commentary may push higher. PRO UNLOCKS [Entry: 1.6155 | SL: 1.6095 | TP1: 1.6200 | TP2

Key Levels

R: 1.61567 · 1.62000 · 1.62500

S: 1.61500 · 1.61000 · 1.59476