USDCAD Asia briefing — 2026-07-08

BIAS BULLISH. Daily structure constructive; H4 EMA bullish supports upside, though H1 neutral and RSI mid-range warrant caution on conviction. KEY LEVELS R: 1.42486, 1.425, 1.43 | S: 1.42, 1.415, 1.3951 NEWS 🟡 MBA Mortgage Applications (Wed 11:00 UTC) 🟡 Wholesale Inventories (Wed 14:00 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) SESSION OUTLOOK Asia session typically thin; watch for drift into NY overlap. Low-impact data unlikely to derail bias, but position size accordingly given weekend risk. PRO UNLOCKS Exact entries, stops, targets, FVG liquidity maps, and Fib extension zones — unlock with Pro subscription.

Key Levels

R: 1.42486 · 1.42500 · 1.43000

S: 1.42000 · 1.41500 · 1.39510