EURCAD New York briefing — 2026-10-19

BIAS BEARISH. D1 + H4 + H1 trend alignment, H4/H1 fair value gaps, and RSI neutral support directional pressure. KEY LEVELS R: 1.585, 1.59, 1.6141 | S: 1.58, 1.57745, 1.575 NEWS 🔴 BoC CPI Core YoY (12:30 UTC) 🟡 BoC CPI Core MoM (12:30 UTC) SESSION OUTLOOK CPI release drives volatility into NY open. Watch rejection at resistance; support holds until 1.575 breaks.

Key Levels

R: 1.58500 · 1.59000 · 1.61410

S: 1.58000 · 1.57745 · 1.57500