USDCAD London briefing — 2026-06-11

BIAS BULLISH. H4/H1 EMAs aligned upside; D1 neutral structure doesn't contradict intraday momentum. RSI 58.87 confirms mid-range positioning without overbought risk. KEY LEVELS R: 1.39687 | 1.40 | 1.405 | S: 1.395 | 1.39 | 1.3772 NEWS 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC 🟡 Building Permits MoM (CAD) Thu 12:30 UTC SESSION OUTLOOK London open typically quiet; watch for volatility spike at 12:30 UTC data release. USD claims data may trigger directional moves; CAD permits secondary. PRO UNLOCKS Micro-structure entries, exact SLs, TP

Key Levels

R: 1.39687 · 1.40000 · 1.40500

S: 1.39500 · 1.39000 · 1.37720