USDCAD London briefing — 2026-05-13

BIAS BULLISH — D1 structure dominates despite H4 neutrality; H1 strength supports upside momentum. KEY LEVELS R: 1.37239, 1.375, 1.38 | S: 1.37, 1.365, 1.35503 NEWS 🟡 PPI (MoM/YoY) — 12:30 UTC — medium impact USD catalyst 🔴 MBA Mortgage Apps — 11:00 UTC — low impact SESSION OUTLOOK PPI release at London midday could spark volatility. Watch 1.37239 resistance as pivot; break above targets 1.375 zone. Downside rejection at 1.37 support signals weakness. PRO UNLOCKS Entry clusters, SL/TP precision, FVG sweeps, liquidity voids, Fib extensions — unlock with Pro subscription.

Key Levels

R: 1.37239 · 1.37500 · 1.38000

S: 1.37000 · 1.36500 · 1.35503