USDCAD Asia briefing — 2026-09-16

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; D1 structure confirms; RSI neutral zone supports continuation without overextension risk. KEY LEVELS R: 1.39418 | 1.395 | 1.4 | S: 1.39 | 1.385 | 1.37547 NEWS 🟡 MBA Mortgage Applications (USD) Wed 11:00 UTC | 🟡 Housing Starts YoY (CAD) Wed 12:15 UTC | 🟡 Building Permits MoM (CAD) Wed 12:30 UTC SESSION OUTLOOK Asia session pairs light volume with low-impact housing data. Watch 1.39418 resistance; hold above 1.39 support confirms trend persistence.

Key Levels

R: 1.39418 · 1.39500 · 1.40000

S: 1.39000 · 1.38500 · 1.37547