EURCAD New York briefing — 2026-10-05

BIAS BEARISH. Trend vote (D1+H4+H1 EMAs) + H4/H1 fair value gaps override the liquidity sweep low; RSI neutral supports downside continuation. KEY LEVELS R: 1.6, 1.605, 1.6141 | S: 1.595, 1.59496, 1.59 NEWS 🟡 EUR Retail Sales (MoM/YoY) Tue 09:00 UTC 🔴 EUR Retail Sales (YoY) Tue 09:00 UTC 🟡 CAD Exports Tue 12:30 UTC SESSION OUTLOOK Watch EUR data reaction near resistance; breakbelow 1.595 confirms bearish setup. CAD export figures may trigger CAD strength into close.

Key Levels

R: 1.60000 · 1.60500 · 1.61410

S: 1.59500 · 1.59496 · 1.59000