USDCAD London briefing — 2026-06-23

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; D1 structure confirms. RSI 60.52 neutral but price momentum intact above 1.41724. KEY LEVELS R: 1.41934, 1.42, 1.425 | S: 1.415, 1.41, 1.38692 NEWS 🔴 BoC Governor Macklem speech – 13:00 UTC (CAD-sensitive; may spark volatility) 🟡 ADP Employment Change – 12:15 UTC (USD support data) 🟡 Redbook Index – 12:55 UTC (retail trend) SESSION OUTLOOK Watch Macklem speech for hawkish/dovish surprises. USD data before may trigger early scalps; focus on holds above 1.415 into European close. PRO UNLOCKS Entry, SL, TP1,

Key Levels

R: 1.41934 · 1.42000 · 1.42500

S: 1.41500 · 1.41000 · 1.38692