EURCAD New York briefing — 2026-09-15

BIAS BEARISH — H4 EMA bearish with RSI neutral mid-range; D1 neutral structure offers no conflict, but hourly divergence between H4 (down) and H1 (neutral) weakens conviction slightly. KEY LEVELS R: 1.61, 1.615, 1.61879 | S: 1.605, 1.6, 1.59791 NEWS 🟡 Wholesale Sales CAD 12:30 UTC | 🟡 ECB Cipollone speech 14:00 UTC | 🟡 Industrial Production EUR (Wed 09:00 UTC) SESSION OUTLOOK Cipollone speech may trigger EUR volatility mid-session. Watch price reaction at 1.61 resistance; break above kills bearish bias.

Key Levels

R: 1.61000 · 1.61500 · 1.61879

S: 1.60500 · 1.60000 · 1.59791