EURCAD London briefing — 2026-07-08

BIAS BULLISH. Daily structure supports higher, though H4/H1 EMAs neutral and RSI mid-range signal caution—upside bias intact but without strong momentum confirmation. KEY LEVELS R: 1.62, 1.625, 1.62921 | S: 1.615, 1.61256, 1.61 NEWS 🟡 ECB Vujčić speech—Fri 10 Jul 07:15 UTC (MEDIUM impact EUR driver ahead) SESSION OUTLOOK London opens into neutral technicals; watch 1.62 resistance rejection or break. Speech event Friday may shift sentiment; range-bound likely today. PRO UNLOCKS Entry 1.6210, SL 1.6095, TP1 1.6265, TP2 1.6292—unlock Pro for FVG/liquidity sweeps

Key Levels

R: 1.62000 · 1.62500 · 1.62921

S: 1.61500 · 1.61256 · 1.61000