EURCAD New York briefing — 2026-06-12

BIAS BULLISH. H4/H1 EMAs aligned uptrend; RSI 68.96 neutral (not overbought); D1 structure lacks conviction but intraday momentum supports higher prices. KEY LEVELS R: 1.62, 1.62013, 1.625 | S: 1.615, 1.61, 1.59991 NEWS 🟡 ECB Nagel speech (14:30 UTC) — medium impact EUR driver 🟡 CFTC EUR NC Net Positions (19:30 UTC) — low impact SESSION OUTLOOK NY open likely tests 1.62 resistance. Nagel remarks could trigger volatility; watch for breaks above 1.62013 for continuation bias. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep levels — unlock with Pro membership.

Key Levels

R: 1.62000 · 1.62013 · 1.62500

S: 1.61500 · 1.61000 · 1.59991