EURCAD New York briefing — 2026-08-04

BIAS BULLISH. H4 and H1 EMAs aligned bullish; D1 structure supports upside. RSI neutral at 62.63 prevents overbought confirmation. KEY LEVELS R: 1.62, 1.62073, 1.625 | S: 1.615, 1.61, 1.59935 NEWS 🟡 S&P Global Manufacturing PMI (CAD) — Tue 13:30 UTC SESSION OUTLOOK Watch CAD PMI reaction at NY open. Price near 1.62 resistance; test for break or rejection into support cluster.

Key Levels

R: 1.62000 · 1.62073 · 1.62500

S: 1.61500 · 1.61000 · 1.59935