EURCAD New York briefing — 2026-08-21

BIAS NEUTRAL — H4 bearish vs H1 neutral vs D1 bullish creates conflicting signals; RSI 38.8 lacks conviction either direction. KEY LEVELS R: 1.61, 1.615, 1.62498 | S: 1.605, 1.6, 1.59784 NEWS 🟡 Consumer Confidence (EUR) — Fri 14:00 UTC 🟡 CFTC EUR NC Net Positions — Fri 19:30 UTC SESSION OUTLOOK Consumer Confidence may trigger volatility; watch 1.61 resistance for rejection or break. CFTC data later could shift bias if extreme.

Key Levels

R: 1.61000 · 1.61500 · 1.62498

S: 1.60500 · 1.60000 · 1.59784