USDCAD London briefing — 2026-06-24

BIAS BULLISH — H4/H1 EMAs aligned, D1 structure bullish, but RSI 74.66 signals overbought; momentum valid yet vulnerable to pullback. KEY LEVELS R: 1.42255, 1.425, 1.43 | S: 1.42, 1.415, 1.38692 NEWS 🟡 MBA Mortgage Applications 11:00 UTC 🟡 Current Account 12:30 UTC 🟡 New Home Sales 14:00 UTC SESSION OUTLOOK London open may test 1.425 resistance; light USD data keeps focus on technicals. Watch for overbought mean reversion into support zones. PRO UNLOCKS Entry 1.4226–1.4235 / SL 1.4195 / TP1 1.425 / TP2 1.43 / FVG 1.

Key Levels

R: 1.42255 · 1.42500 · 1.43000

S: 1.42000 · 1.41500 · 1.38692