EURCAD London briefing — 2026-09-11

BIAS BEARISH. D1 structure deteriorating; H4 confirms downtrend despite H1 bullish bounce. RSI neutral at 52.24 leaves room lower. KEY LEVELS R: 1.61, 1.615, 1.61879 | S: 1.605, 1.6, 1.59791 NEWS 🔴 Lagarde speech (ECB) 14:00 UTC 🟡 Lane speech (ECB) 17:00 UTC SESSION OUTLOOK Lagarde's remarks could reignite EUR weakness mid-session. Watch 1.605 support hold; break below confirms acceleration.

Key Levels

R: 1.61000 · 1.61500 · 1.61879

S: 1.60500 · 1.60000 · 1.59791