EURCAD New York briefing — 2026-07-30

BIAS BULLISH. H1 EMA bullish + price holds 1.6123 above support, though RSI overbought (67.71) and H4 neutral create caution. KEY LEVELS R: 1.62, 1.61863, 1.615 | S: 1.61, 1.605, 1.59935 NEWS 🔴 EUR Core CPI MoM/YoY + CPI MoM — Fri 31 Jul 09:00 UTC (inflation data may shift bias) SESSION OUTLOOK Watch 1.615 resistance hold into Friday's CPI. If broken, 1.62 targets. Break below 1.61 invalidates short-term bullish setup.

Key Levels

R: 1.61500 · 1.61863 · 1.62000

S: 1.61000 · 1.60500 · 1.59935