EURCAD London briefing — 2026-06-12

BIAS BULLISH. H4/H1 EMAs aligned uptrend; RSI overbought signals momentum but doesn't invalidate structure. D1 neutral doesn't contradict short-term strength. KEY LEVELS R: 1.61793, 1.62, 1.625 | S: 1.615, 1.61, 1.59991 NEWS 🟡 ECB Sleijpen (10:30 UTC) 🟡 ECB Nagel (14:30 UTC) ⚪ CAD Capacity Utilization (12:30 UTC) SESSION OUTLOOK Watch ECB speeches for EUR volatility near resistance 1.62. Overbought RSI may invite pullback to 1.615 support before continuation higher. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock

Key Levels

R: 1.61793 · 1.62000 · 1.62500

S: 1.61500 · 1.61000 · 1.59991