EURCAD New York briefing — 2026-10-28

BIAS BEARISH. D1 + H4 + H1 EMAs aligned bearish; RSI(14) at 29.47 (oversold); H4 and H1 fair value gaps both bearish. KEY LEVELS R: 1.565, 1.57, 1.6141 | S: 1.56072, 1.56, 1.555 NEWS 🔴 BoC Interest Rate Decision — Wed 28 Oct 13:45 UTC 🔴 BoC Monetary Policy Report — Wed 28 Oct 13:45 UTC 🔴 BoC Monetary Policy Statement — Wed 28 Oct 13:45 UTC SESSION OUTLOOK BoC event triggers volatility; watch for CAD reaction and bearish momentum confirmation or reversal into oversold bounce.

Key Levels

R: 1.56500 · 1.57000 · 1.61410

S: 1.56072 · 1.56000 · 1.55500