USDCAD Asia briefing — 2026-05-06

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral supports continuation lower from D1 structure. KEY LEVELS R: 1.365, 1.37, 1.37984 | S: 1.36, 1.35503, 1.355 NEWS 🔴 ADP Employment Change (Wed 12:15 UTC) 🟡 Fed's Musalem speech (Wed 13:30 UTC) 🔴 MBA Mortgage Applications (Wed 11:00 UTC) SESSION OUTLOOK ADP print critical for USD strength bias. Watch 1.36 hold as support; break below targets lower support cluster. PRO UNLOCKS Entry zone, SL placement, TP targets, FVG liquidity pockets, Fibonacci extensions—unlock with Pro subscription.

Key Levels

R: 1.36500 · 1.37000 · 1.37984

S: 1.36000 · 1.35503 · 1.35500