EURCAD London briefing — 2026-09-22

BIAS BULLISH. H4 and H1 fair value gaps drive upside momentum despite neutral trend votes and RSI. KEY LEVELS R: 1.61, 1.61191, 1.615 | S: 1.605, 1.6, 1.5996 NEWS 🔴 Lagarde speech (EUR) 12:00 UTC 🟡 Nagel speech (EUR) 08:30 UTC 🟡 Consumer Confidence (EUR) 14:00 UTC SESSION OUTLOOK Monitor Nagel and Lagarde speeches for ECB guidance; bullish FVG structure invites buys into resistance cluster 1.61–1.615 if volatility permits.

Key Levels

R: 1.61000 · 1.61191 · 1.61500

S: 1.60500 · 1.60000 · 1.59960