USDCAD Asia briefing — 2026-08-26

BIAS BULLISH. H1 EMA bullish vs H4 neutral creates divergence, but price holding 1.3838 near support with RSI 57.78 (neutral-to-firm) supports upside bias on Asia session open. KEY LEVELS R: 1.385, 1.39, 1.40297 | S: 1.38, 1.375, 1.37329 NEWS 🔴 Core PCE MoM & YoY (USD) Wed 12:30 UTC — inflation data 🟡 MBA Mortgage Applications (USD) Wed 11:00 UTC SESSION OUTLOOK Asia typically quiet; watch for consolidation into US morning data releases. PCE prints could spike volatility mid-session — monitor 1.385 resistance if data fuels USD strength.

Key Levels

R: 1.38500 · 1.39000 · 1.40297

S: 1.38000 · 1.37500 · 1.37329