USDCAD London briefing — 2026-06-10

BIAS BULLISH. Daily structure bullish; H4 EMA supports upside. H1 neutrality and RSI 51.77 suggest caution on aggressive entries, but bias intact. KEY LEVELS R: 1.395, 1.39687, 1.4 | S: 1.39, 1.385, 1.3772 NEWS 🔴 CPI MoM (USD) Wed 12:30 UTC 🔴 CPI YoY (USD) Wed 12:30 UTC 🟡 MBA Mortgage Applications Wed 11:00 UTC SESSION OUTLOOK CPI releases drive volatility mid-London. Watch 1.395 resistance for rejection or breakout confirmation. Risk/reward shifts post-data. PRO UNLOCKS Unlock entries, stops, targets, FVGs, liquidity zones with Pro.

Key Levels

R: 1.39500 · 1.39687 · 1.40000

S: 1.39000 · 1.38500 · 1.37720