EURCAD New York briefing — 2026-07-28

BIAS BEARISH. H4 and H1 EMAs aligned downside; RSI neutral at 45.8 prevents aggressive conviction, but daily structure holds no resistance above price. KEY LEVELS R: 1.605, 1.61, 1.62258 | S: 1.6, 1.59935, 1.595 NEWS 🟡 BoC Summary of Deliberations (CAD) — Wed 29 Jul 17:30 UTC 🟡 Business Climate (EUR) — Thu 30 Jul 09:00 UTC 🟡 Consumer Confidence (EUR) — Thu 30 Jul 09:00 UTC SESSION OUTLOOK NY session tests support zone near 1.6. BoC event tomorrow could reshape bias; watch for CAD repricing ahead of announcement. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liqu

Key Levels

R: 1.60500 · 1.61000 · 1.62258

S: 1.60000 · 1.59935 · 1.59500