EURCAD New York briefing — 2026-08-27

BIAS BULLISH. D1 structure supports upside; H4 EMA bullish despite H1 neutral and RSI mid-range. Daily conviction outweighs intraday noise. KEY LEVELS R: 1.61879, 1.62 | S: 1.61, 1.605, 1.59784 NEWS 🟡 Business Climate (EUR) Fri 09:00 UTC 🟡 Consumer Confidence (EUR) Fri 09:00 UTC 🟡 Economic Sentiment Indicator (EUR) Fri 09:00 UTC SESSION OUTLOOK NY session tests 1.615 resistance. Three EUR releases Friday morning will set tone; watch CAD labor data for counter-pressure.

Key Levels

R: 1.61500 · 1.61879 · 1.62000

S: 1.61000 · 1.60500 · 1.59784