USDCAD Asia briefing — 2026-10-26

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA trend vote combined override bullish liquidity sweep and H1 FVGs; H4 FVGs reinforce downside. KEY LEVELS R: 1.405, 1.41, 1.43015 | S: 1.4, 1.39697, 1.395 NEWS Chicago Fed National Activity Index (Mon 12:30 UTC) 🟡 | 3M/6M Bill Auctions (Mon 15:30 UTC) 🟡 SESSION OUTLOOK Asia opens into low-impact USD data. Watch 1.4 support hold; lows sweep creates counter-narrative but trend remains down.

Key Levels

R: 1.40500 · 1.41000 · 1.43015

S: 1.40000 · 1.39697 · 1.39500