EURCAD London briefing — 2026-08-10

BIAS BEARISH. Daily structure bearish; H1/H4 EMAs neutral but RSI 47.2 leaves room for downside without oversold conditions. KEY LEVELS R: 1.615, 1.62, 1.62498 | S: 1.61, 1.605, 1.60063 NEWS 🟡 Sentix Investor Confidence (EUR) – Mon 10 Aug 08:30 UTC SESSION OUTLOOK Sentix data could trigger EUR volatility; watch 1.615 resistance rejection. Bias favors probing lower supports on weakness.

Key Levels

R: 1.61500 · 1.62000 · 1.62498

S: 1.61000 · 1.60500 · 1.60063