USDCAD London briefing — 2026-05-29

BIAS BULLISH — D1 structure overrides neutral H4/H1 divergence; RSI 45.33 offers upside room before overbought. KEY LEVELS R: 1.385, 1.38698, 1.39 | S: 1.38, 1.375, 1.36488 NEWS 🟡 Fed Schmid speech (USD) — 10:50 UTC 🟡 GDP MoM & QoQ (CAD) — 12:30 UTC SESSION OUTLOOK Schmid speech may spark USD strength early. Canadian GDP data at London close could trigger volatility; watch 1.385 resistance for break confirmation. PRO UNLOCKS Unlock entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — Pro members only.

Key Levels

R: 1.38500 · 1.38698 · 1.39000

S: 1.38000 · 1.37500 · 1.36488