USDCAD Asia briefing — 2026-05-29

BIAS BULLISH. D1 structure commits bias despite neutral H4/H1 EMAs and RSI at 36.93. KEY LEVELS R: 1.38, 1.385, 1.38698 | S: 1.375, 1.37, 1.36488 NEWS 🟡 Fed Schmid speech – 10:50 UTC 🟡 CAD GDP (MoM/QoQ) – 12:30 UTC SESSION OUTLOOK Schmid speech precedes CAD data; USD strength could extend USDCAD toward 1.38 resistance. Watch GDP reaction for directional conviction. PRO UNLOCKS Entry 1.378→1.381, SL 1.3648, TP1 1.38, TP2 1.385, FVG 1.3720–1.3745, sweep 1.375 — unlock with

Key Levels

R: 1.38000 · 1.38500 · 1.38698

S: 1.37500 · 1.37000 · 1.36488