EURCAD London briefing — 2026-09-09

BIAS BEARISH. H1/H4 EMAs aligned downward, D1 structure bearish, RSI neutral at 42 supports continuation without overbought rejection. KEY LEVELS R: 1.605, 1.61, 1.61879 | S: 1.6, 1.59791, 1.595 NEWS 🔴 Lagarde Speech (Wed 17:00 UTC) 🔴 ECB Rate Decision (Thu 12:15 UTC) 🔴 ECB Policy Statement (Thu 12:15 UTC) SESSION OUTLOOK London open: watch 1.605 resistance rejection. ECB speakers ahead—volatility likely into Thursday's decision.

Key Levels

R: 1.60500 · 1.61000 · 1.61879

S: 1.60000 · 1.59791 · 1.59500