EURCAD New York briefing — 2026-07-23

BIAS BEARISH. D1 structure + H4 EMA bearish despite RSI neutral; H1 divergence suggests weakness, not reversal. KEY LEVELS R: 1.605, 1.61, 1.62722 | S: 1.6, 1.59935, 1.595 NEWS 🔴 ECB Press Conference (EUR) Thu 12:45 UTC 🟡 Consumer Confidence (EUR) Thu 14:00 UTC 🔴 HCOB Composite PMI (EUR) Fri 08:00 UTC SESSION OUTLOOK ECB conference drives volatility; watch reaction at 1.605. Hawkish guidance could spike EUR; dovish may accelerate sell-off toward 1.6. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro

Key Levels

R: 1.60500 · 1.61000 · 1.62722

S: 1.60000 · 1.59935 · 1.59500