EURCAD London briefing — 2026-07-30

BIAS BULLISH. H1 EMA bullish despite H4 neutral and RSI mid-range; daily structure neutral but upside pressure intact. KEY LEVELS R: 1.61, 1.615, 1.61863 | S: 1.605, 1.6, 1.59935 NEWS 🟡 Business Climate (EUR) 09:00 UTC 🟡 Consumer Confidence (EUR) 09:00 UTC 🟡 Economic Sentiment Indicator (EUR) 09:00 UTC SESSION OUTLOOK Three medium EUR events at London open—watch for volatility around 1.61 resistance. Bullish structure targets 1.615 if sentiment data supports risk-on.

Key Levels

R: 1.61000 · 1.61500 · 1.61863

S: 1.60500 · 1.60000 · 1.59935