EURCAD New York briefing — 2026-09-24

BIAS BEARISH. H4 and H1 EMAs aligned bearish; H4/H1 fair value gaps support downside despite bullish D1 structure and liquidity sweep of lows. KEY LEVELS R: 1.61191, 1.615 | S: 1.6002, 1.60 NEWS 🟡 CAD Retail Sales (MoM) Thu 12:30 UTC 🟡 CAD Retail Sales ex Autos (MoM) Thu 12:30 UTC SESSION OUTLOOK Watch CAD data reaction at NY open; expect volatility around retail sales. Bearish bias targets support on FVG confluence.

Key Levels

R: 1.61000 · 1.61191 · 1.61500

S: 1.60500 · 1.60020 · 1.60000