Archived briefing

USDCAD Asia briefing — 2026-06-05

Bias: bullish

BIAS BULLISH. EMA alignment (H4/H1) + D1 structure confirms uptrend; RSI 68.98 shows strength without extreme overbought risk. KEY LEVELS R: 1.3925, 1.395, 1.4 | S: 1.39, 1.385, 1.37329 NEWS 🔴 Net Change in Employment (CAD) – Fri 12:30 UTC 🟡 Average Hourly Wages YoY (CAD) – Fri 12:30 UTC SESSION OUTLOOK ASIA session consolidation likely before employment data. Watch 1.3925 resistance; strong labour data could accelerate USD strength into London open. PRO UNLOCKS Entry confluences, SL placement, TP scalp/swing targets, FVG mitigation, liquidity sweep zones — unlock with Pro

Key Levels

R: 1.39250 · 1.39500 · 1.40000

S: 1.39000 · 1.38500 · 1.37329

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