EURCAD New York briefing — 2026-07-02

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; D1 structure bullish; RSI neutral at 61.93 avoids overbought friction. KEY LEVELS R: 1.625, 1.62921, 1.63 | S: 1.62, 1.615, 1.61256 NEWS 🟡 S&P Global Manufacturing PMI (CAD) – 13:30 UTC 🟡 ECB Escrivá speech (EUR) – 13:45 UTC 🟡 ECB Cipollone speech (EUR) – 17:55 UTC SESSION OUTLOOK Three medium-impact events cluster mid-session. Watch CAD PMI reaction and ECB rhetoric for volatility around 1.625 resistance; uptrend momentum intact if holds. PRO UNLOCKS Unlock Pro for precise entry zones, SL placement, TP targets

Key Levels

R: 1.62500 · 1.62921 · 1.63000

S: 1.62000 · 1.61500 · 1.61256