EURCAD London briefing — 2026-06-26

BIAS BEARISH. D1 structure confirms downtrend; H4/H1 EMA divergence signals weakening momentum but RSI(14) at 43.87 remains neutral—watch for breakdown below 1.615. KEY LEVELS R: 1.62, 1.625, 1.62921 | S: 1.615, 1.61, 1.60287 NEWS 🟡 ECB Nagel speech 08:30 UTC 🟡 ECB Vujčić speech 16:00 UTC 🔴 CFTC EUR NC 19:30 UTC SESSION OUTLOOK London open may test 1.615 support on ECB rhetoric. Watch for EUR weakness into afternoon speeches; lower closes below support unlock downside acceleration. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci levels

Key Levels

R: 1.62000 · 1.62500 · 1.62921

S: 1.61500 · 1.61000 · 1.60287