USDCAD Asia briefing — 2026-05-07

BIAS BULLISH — D1 structure dominates neutral setup; RSI neutral at 59.48 supports upside continuation toward resistance. KEY LEVELS R: 1.365, 1.37, 1.37984 | S: 1.36, 1.35503, 1.355 NEWS 🟡 Challenger Job Cuts (USD) 11:30 UTC 🟡 Continuing Jobless Claims (USD) 12:30 UTC 🟡 Initial Jobless Claims (USD) 12:30 UTC SESSION OUTLOOK Asia session quiet; USD strength likely accelerates into US jobless data. Watch 1.365 break for momentum. PRO UNLOCKS Entry 1.36520 | SL 1.35880 | TP1 1.36980 | TP2 1.37840 | FVG 1.36200–1.36420

Key Levels

R: 1.36500 · 1.37000 · 1.37984

S: 1.36000 · 1.35503 · 1.35500