EURCAD London briefing — 2026-09-07

BIAS BEARISH — H4 EMA bearish with price neutral RSI; D1 structure neutral creates conflicting signals, but H4 downtrend structure favors sellers on weakness. KEY LEVELS R: 1.61, 1.615, 1.61879 | S: 1.605, 1.6, 1.59791 NEWS 🟡 Sentix Investor Confidence (EUR) — Mon 08:30 UTC 🟡 Employment Change QoQ (EUR) — Mon 09:00 UTC SESSION OUTLOOK Sentix and employment data arrive early session; watch if EUR reaction breaks above 1.61 (invalidates bias) or holds below to probe support zones.

Key Levels

R: 1.61000 · 1.61500 · 1.61879

S: 1.60500 · 1.60000 · 1.59791