EURCAD London briefing — 2026-08-24

BIAS NEUTRAL. RSI overbought at 71 conflicts with bullish D1 structure; H4/H1 EMA divergence signals weakening momentum despite upside bias. KEY LEVELS R: 1.62498, 1.62, 1.615 | S: 1.61, 1.605, 1.59784 NEWS None scheduled. SESSION OUTLOOK Watch 1.615 resistance rejection or break. Overbought conditions invite pullback risk toward 1.61 support; no London catalyst expected.

Key Levels

R: 1.61500 · 1.62000 · 1.62498

S: 1.61000 · 1.60500 · 1.59784