EURCAD New York briefing — 2026-06-29

BIAS BEARISH. H4 bullish EMA conflicts with H1 neutral and D1 neutral structure; RSI 60.9 suggests overbought consolidation. Downside bias leans on price proximity to resistance and lack of sustained directional conviction. KEY LEVELS R: 1.62, 1.625, 1.62921 | S: 1.615, 1.61, 1.60701 NEWS 🔴 ECB President Lagarde speech Mon 29 Jun 17:30 UTC SESSION OUTLOOK Lagarde's speech intraday will likely trigger volatility around 1.62 resistance. Watch for H1 closes below 1.6197 as confirmation of bearish lean. PRO UNLOCKS Entry, SL, TP clusters, FVG liquidity voids, Fibonacci extensions, sweep zones — unlock with Pro

Key Levels

R: 1.62000 · 1.62500 · 1.62921

S: 1.61500 · 1.61000 · 1.60701