EURCAD London briefing — 2026-07-09

BIAS BEARISH. D1 structure confirms downside; RSI neutral (49.35) and divergent EMAs lack conviction but don't contradict the daily bias. KEY LEVELS R: 1.625, 1.62743, 1.63 | S: 1.62, 1.615, 1.61256 NEWS 🟡 ECB Vujčić speech (Fri 10 Jul, 07:15 UTC) 🟡 CAD Wages YoY & Building Permits (Fri 10 Jul, 12:30 UTC) SESSION OUTLOOK London likely consolidates ahead of Friday data. Watch 1.625 resistance; break below 1.62 would confirm bear continuation into cash. PRO UNLOCKS Entry zones, exact SL/TP clusters, FVG confluence, liquidity sweep targets — unlock with Pro

Key Levels

R: 1.62500 · 1.62743 · 1.63000

S: 1.62000 · 1.61500 · 1.61256