USDCAD Asia briefing — 2026-06-23

BIAS BULLISH. Daily structure and H4 EMA confirm uptrend; H1 neutral divergence signals caution but doesn't override higher timeframe bias. RSI 55 supports continuation without overbought risk. KEY LEVELS R: 1.41934, 1.42, 1.425 | S: 1.415, 1.41, 1.38692 NEWS 🔴 BoC Governor Macklem speech (CAD) – Tue 13:00 UTC 🟡 ADP Employment 4-week avg (USD) – Tue 12:15 UTC 🟡 Redbook Index YoY (USD) – Tue 12:55 UTC SESSION OUTLOOK Macklem speech is key CAD driver; watch USD data pre-speech. H1 consolidation into resistance offers late-Asia entry if daily bias holds. PRO UNLOCKS [Exact entry,

Key Levels

R: 1.41934 · 1.42000 · 1.42500

S: 1.41500 · 1.41000 · 1.38692