USDCAD Asia briefing — 2026-05-13

BIAS BULLISH. D1 structure dominates despite H4 neutrality; H1 bullish alignment supports upside continuation. KEY LEVELS R: 1.37, 1.37239, 1.375 | S: 1.365, 1.36, 1.35503 NEWS 🟡 Producer Price Index MoM/YoY — 12:30 UTC (USD strength catalyst) 🔴 MBA Mortgage Applications — 11:00 UTC (low impact) SESSION OUTLOOK PPI data mid-session could spark USD volatility. Watch 1.37 resistance for breakout confirmation before NA overlap. PRO UNLOCKS Entry 1.3705 | SL 1.3645 | TP1 1.3739 | TP2 1.3758 | FVG 1.3680–1.3695 | Liquidity sweep 1.365

Key Levels

R: 1.37000 · 1.37239 · 1.37500

S: 1.36500 · 1.36000 · 1.35503