EURCAD London briefing — 2026-07-10

BIAS BEARISH. Daily structure confirms downtrend; H1 EMA bearish despite H4 neutrality signals continuation risk rather than reversal setup. KEY LEVELS R: 1.62, 1.625, 1.62743 | S: 1.615, 1.61256, 1.61 NEWS 🔴 Net Change in Employment (CAD) — 12:30 UTC 🟡 Average Hourly Wages YoY (CAD) — 12:30 UTC 🟡 Building Permits MoM (CAD) — 12:30 UTC SESSION OUTLOOK CAD jobs data high-impact; strong employment may trigger CAD strength. Watch 1.62 resistance; break below 1.615 confirms downside continuation. PRO UNLOCKS [Exact entries, SL, TP zones, FVG liquidity sweeps, Fibonacci targets — unlock with

Key Levels

R: 1.62000 · 1.62500 · 1.62743

S: 1.61500 · 1.61256 · 1.61000