USDCAD Asia briefing — 2026-08-14

BIAS BEARISH. EMA alignment (H4/H1) confirms downtrend; D1 structure bearish; RSI 44 neutral but not conflicting with lower timeframe momentum. KEY LEVELS R: 1.395, 1.4, 1.41292 | S: 1.39081, 1.39, 1.385 NEWS 🔴 Retail Sales (USD) 12:30 UTC Fri 🟡 Manufacturing Sales (CAD) 12:30 UTC Fri 🟡 Wholesale Sales (CAD) 12:30 UTC Fri SESSION OUTLOOK Strong USD data may pressure USDCAD lower if risk-off sentiment dominates. Watch support holds near 1.39 during Asia close into North American opens.

Key Levels

R: 1.39500 · 1.40000 · 1.41292

S: 1.39081 · 1.39000 · 1.38500