USDCAD London briefing — 2026-05-28

BIAS BULLISH — D1 structure, H4 EMA, and H1 EMA all aligned upward; RSI overbought reinforces momentum. KEY LEVELS R: 1.38696 | 1.39 | 1.395 | S: 1.385 | 1.38 | 1.36488 NEWS 🔴 Core PCE Price Index (MoM) — Thu 12:30 UTC 🟡 Current Account (CAD) — Thu 12:30 UTC SESSION OUTLOOK Dual high-impact prints at London open may spike volatility. Watch 1.38696 rejection or break; USD strength from PCE could extend rally toward 1.39. PRO UNLOCKS [Entry 1.38532→1.38696 break | SL 1.38 | TP1 1.39 | TP2 1.395 | F

Key Levels

R: 1.38696 · 1.39000 · 1.39500

S: 1.38500 · 1.38000 · 1.36488