USDCAD Asia briefing — 2026-05-19

BIAS BULLISH — H4 EMA bullish structure outweighs neutral H1 and RSI; D1 hierarchy confirms directional lean upward. KEY LEVELS R: 1.375, 1.37668, 1.38 | S: 1.37, 1.365, 1.35503 NEWS 🟡 Waller speech (USD) – Tue 06:00 UTC 🟡 ADP Employment (USD) – Tue 12:15 UTC 🟡 BoC CPI Core (CAD) – Tue 12:30 UTC SESSION OUTLOOK Waller and employment data may boost USD strength in early session. Monitor 1.375 resistance; BoC CPI later tests CAD resilience. PRO UNLOCKS Entry 1.3755 | SL 1.3680 | TP1 1.3800 |

Key Levels

R: 1.37500 · 1.37668 · 1.38000

S: 1.37000 · 1.36500 · 1.35503