EURCAD New York briefing — 2026-06-04

BIAS BULLISH with caution. EMA H4/H1 aligned bullish, D1 structure up, but RSI 71.39 signals overbought—watch for pullback before continuation. KEY LEVELS R: 1.61793, 1.62, 1.625 | S: 1.615, 1.61, 1.59476 NEWS 🟡 Employment Change QoQ (EUR) — Fri 09:00 UTC 🟡 GDP s.a. QoQ (EUR) — Fri 09:00 UTC SESSION OUTLOOK EUR data Friday morning may trigger volatility. Watch 1.61793 resistance; overbought conditions favor pullback to 1.615 support before potential breakout. PRO UNLOCKS [Exact entries, SL/TP placement, FVG zones, liquidity sweeps — unlock with Pro]

Key Levels

R: 1.61793 · 1.62000 · 1.62500

S: 1.61500 · 1.61000 · 1.59476