USDCAD Asia briefing — 2026-05-18

BIAS BULLISH — H4/H1 EMA alignment confirms upside despite D1 neutrality; RSI 65 shows momentum without overkill. KEY LEVELS R: 1.37668, 1.38, 1.385 | S: 1.375, 1.37, 1.35503 NEWS 🟡 NAHB Housing Market Index (USD) 14:00 UTC 🟡 3M/6M Bill Auctions (USD) 15:30 UTC SESSION OUTLOOK Asia session consolidation likely before US data. Watch 1.375 support hold; break above 1.37668 targets 1.38. PRO UNLOCKS Entry 1.37650 | SL 1.37380 | TP1 1.37950 | TP2 1.38320 | FVG 1.3755–1.3762 |

Key Levels

R: 1.37668 · 1.38000 · 1.38500

S: 1.37500 · 1.37000 · 1.35503