EURCAD New York briefing — 2026-05-20

BIAS BEARISH. D1 structure confirmed by aligned H4/H1 EMAs; RSI neutral but price rejection near 1.60 supports downside conviction. KEY LEVELS R: 1.60, 1.605, 1.61513 | S: 1.595, 1.59052, 1.59 NEWS 🟡 ECB Sleijpen speech (EUR) Wed 20 May 18:10 UTC SESSION OUTLOOK Watch for late-session EUR volatility ahead of Sleijpen speech. Sellers targeting 1.595 support; hold above 1.60 resistance invalidates bias. PRO UNLOCKS Entry 1.5965, SL 1.6015, TP1 1.595, TP2 1.5905 | FVG 1.5985-1.5975 | Liquidity sweep 1.60 — unlock with Pro

Key Levels

R: 1.60000 · 1.60500 · 1.61513

S: 1.59500 · 1.59052 · 1.59000