EURCAD London briefing — 2026-08-03

BIAS BULLISH. D1 structure supports upside; H4 neutral vs H1 bullish creates mixed signal, but RSI 67.5 remains non-overbought and price holds above 1.615 support. KEY LEVELS R: 1.62073, 1.625 | S: 1.615, 1.61, 1.59935 NEWS 🟡 HCOB Manufacturing PMI (EUR) Mon 08:00 UTC | 🟡 CAD Exports/Imports Tue 12:30 UTC SESSION OUTLOOK Watch 1.62 resistance into London open; EUR PMI could trigger volatility. CAD data Tuesday shapes next directional bias.

Key Levels

R: 1.62000 · 1.62073 · 1.62500

S: 1.61500 · 1.61000 · 1.59935