EURCAD New York briefing — 2026-08-28

BIAS BULLISH. D1 structure supports upside; H4 EMA bullish despite H1 neutrality and RSI at 44 suggests room to run higher before overbought. KEY LEVELS R: 1.615, 1.61879, 1.62 | S: 1.61, 1.605, 1.59784 NEWS 🟡 ECB Schnabel speech 15:55 UTC | 🟡 CFTC EUR NC Positions 19:30 UTC SESSION OUTLOOK Schnabel speech could spark EUR volatility. Watch holds above 1.61 support; break of 1.615 resistance targets 1.62 into NY close.

Key Levels

R: 1.61500 · 1.61879 · 1.62000

S: 1.61000 · 1.60500 · 1.59784