EURCAD New York briefing — 2026-06-05

BIAS BULLISH. Daily structure bullish; H4 EMA bullish supports upside, though H1 neutral and RSI mid-range (47.88) suggest caution on momentum conviction. KEY LEVELS R: 1.61793, 1.62 | S: 1.61, 1.605, 1.59476 NEWS 🟡 Ivey PMI (CAD) 14:00 UTC — medium impact 🔵 CFTC EUR positions 19:30 UTC — low impact SESSION OUTLOOK Watch Ivey PMI for CAD strength signals. Close above 1.615 needed to confirm bullish continuation toward 1.62 resistance. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro subscription.

Key Levels

R: 1.61500 · 1.61793 · 1.62000

S: 1.61000 · 1.60500 · 1.59476