EURCAD London briefing — 2026-06-05

BIAS BULLISH. EMA alignment (H4/H1) + D1 structure confirm uptrend; RSI 64 neutral but not overbought. KEY LEVELS R: 1.62, 1.625 | S: 1.615, 1.61, 1.59476 NEWS 🟡 Employment Change QoQ (EUR) 09:00 UTC 🟡 GDP s.a. QoQ (EUR) 09:00 UTC SESSION OUTLOOK EU employment/GDP data at London open may spark volatility. Watch 1.62 resistance for breakout confirmation or rejection into support. PRO UNLOCKS Entry targets, SL placement, TP zones, FVG liquidity maps—unlock with Pro.

Key Levels

R: 1.61793 · 1.62000 · 1.62500

S: 1.61500 · 1.61000 · 1.59476