EURCAD New York briefing — 2026-05-14

BIAS BEARISH. D1 structure + H4/H1 EMA alignment confirm downtrend; RSI neutral doesn't override confluence. KEY LEVELS R: 1.61, 1.615, 1.61513 | S: 1.605, 1.6, 1.59052 NEWS 🟡 Housing Starts YoY (CAD) — Fri 12:15 UTC 🟡 Portfolio flows (CAD) — Fri 12:30 UTC SESSION OUTLOOK Low-impact Canadian data Friday may allow bears to probe support. Watch 1.605 hold; break invalidates bearish structure. PRO UNLOCKS Entry 1.6055, SL 1.6165, TP1 1.6020, TP2 1.5895, FVG 1.605–1.602, liquidity sweep 1.61513 — unlock Pro

Key Levels

R: 1.61000 · 1.61500 · 1.61513

S: 1.60500 · 1.60000 · 1.59052