USDCAD Asia briefing — 2026-09-09

BIAS NEUTRAL — H4/H1 bearish EMA alignment conflicts with D1 neutral structure; RSI oversold suggests bounce potential but no directional conviction. KEY LEVELS R: 1.38, 1.385, 1.39418 | S: 1.375, 1.37329, 1.37 NEWS 🟡 ADP Employment Change 4-week average — Wed 12:15 UTC 🔴 MBA Mortgage Applications — Wed 11:00 UTC 🔴 Redbook Index (YoY) — Wed 12:55 UTC SESSION OUTLOOK Asia session may grind quietly; watch for USD strength into midday data. RSI oversold sets trap potential—structure your bias only after ADP reaction.

Key Levels

R: 1.38000 · 1.38500 · 1.39418

S: 1.37500 · 1.37329 · 1.37000