EURCAD London briefing — 2026-08-13

BIAS BEARISH. Daily structure bearish; H4/H1 EMAs neutral but RSI 44.59 supports downside bias without overbought resistance. KEY LEVELS R: 1.61, 1.615, 1.62498 | S: 1.605, 1.60113, 1.6 NEWS 🟡 Industrial Production s.a. MoM (EUR) Thu 09:00 UTC | 🟡 Industrial Production w.d.a. YoY (EUR) Thu 09:00 UTC SESSION OUTLOOK London open sees medium-impact Eurozone data. Watch reaction at 1.61 resistance; breakdown below 1.605 targets 1.6 support.

Key Levels

R: 1.61000 · 1.61500 · 1.62498

S: 1.60500 · 1.60113 · 1.60000