EURCAD New York briefing — 2026-09-10

BIAS BEARISH — H1/H4 EMAs aligned downward, D1 structure confirms, RSI neutral supports continuation without overextension. KEY LEVELS R: 1.605, 1.61, 1.61879 | S: 1.6, 1.59791, 1.595 NEWS 🔴 ECB Press Conference (EUR) Thu 12:45 UTC 🟡 ECB Nagel speech (EUR) Thu 12:45 UTC 🔴 Lagarde speech (EUR) Fri 14:00 UTC SESSION OUTLOOK ECB event risk dominates; hawkish EUR commentary could accelerate breakdown toward 1.6 support. Watch volatility spike into 12:45 UTC.

Key Levels

R: 1.60500 · 1.61000 · 1.61879

S: 1.60000 · 1.59791 · 1.59500