EURCAD New York briefing — 2026-09-14

BIAS BEARISH — D1 structure downtrend with RSI neutral zone supports continuation; H4 bearish EMA conflicts with H1 neutral, but lower timeframe weakness trumps intraday noise. KEY LEVELS R: 1.605, 1.61, 1.61879 | S: 1.6, 1.59791, 1.595 NEWS 🔴 BoC CPI Core YoY (12:30 UTC) 🟡 BoC CPI Core MoM (12:30 UTC) SESSION OUTLOOK BoC inflation data drives CAD volatility at NY open. Watch 1.605 resistance; break below 1.6 confirms downtrend acceleration into support cluster.

Key Levels

R: 1.60500 · 1.61000 · 1.61879

S: 1.60000 · 1.59791 · 1.59500