EURCAD New York briefing — 2026-08-05

BIAS BULLISH. EMA alignment (H4/H1) + daily structure support upside; RSI 68 neutral (not overbought yet). KEY LEVELS R: 1.625, 1.63 | S: 1.62, 1.615, 1.59935 NEWS 🟡 Economic Bulletin (EUR) Thu 08:00 UTC 🔴 Retail Sales YoY (EUR) Thu 09:00 UTC SESSION OUTLOOK NY session into Thursday's EUR data. Watch 1.625 resistance as pivot; support holds if bulls defend 1.62.

Key Levels

R: 1.62498 · 1.62500 · 1.63000

S: 1.62000 · 1.61500 · 1.59935