EURCAD New York briefing — 2026-07-17

BIAS BEARISH. H4/H1 EMAs aligned downside; D1 structure confirms; RSI neutral but price holding below 1.605 resistance. KEY LEVELS R: 1.605, 1.61, 1.62735 | S: 1.60243, 1.6, 1.595 NEWS CFTC EUR NC Net Positions (EUR) Fri 17 Jul 19:30 UTC 🟡 SESSION OUTLOOK Watch support hold at 1.60243 into NY open. Break below 1.6 targets next tier; failure to hold extends recovery risk toward 1.605. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci ratios—unlock with Pro.

Key Levels

R: 1.60500 · 1.61000 · 1.62735

S: 1.60243 · 1.60000 · 1.59500