EURCAD New York briefing — 2026-08-24

BIAS BULLISH. Daily structure supports higher, but RSI overbought at 72.54 and H4/H1 EMA divergence signal caution on fresh longs—upside vulnerable to pullback. KEY LEVELS R: 1.62, 1.62498 | S: 1.61, 1.605, 1.59784 NEWS 🟡 ECB Cipollone speech Wed 26 Aug 10:10 UTC (EUR-sensitive) SESSION OUTLOOK NY session tests 1.615 resistance. Watch for rejection or breakout setup; overbought RSI may trigger profit-taking into ECB event risk.

Key Levels

R: 1.61500 · 1.62000 · 1.62498

S: 1.61000 · 1.60500 · 1.59784