EURCAD London briefing — 2026-07-17

BIAS BEARISH. H1/H4 EMAs aligned bearish, D1 structure confirms downside, RSI neutral (no overbought). KEY LEVELS R: 1.61, 1.615, 1.62735 | S: 1.605, 1.60443, 1.6 NEWS 🟡 Core Harmonized CPI MoM (EUR) 09:00 UTC 🔴 Current Account n.s.a & s.a (EUR) 08:00 UTC SESSION OUTLOOK Watch EUR data releases early London. Weakness could accelerate toward 1.605 support; hold above confirms downtrend intact. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps — unlock with Pro

Key Levels

R: 1.61000 · 1.61500 · 1.62735

S: 1.60500 · 1.60443 · 1.60000