USDCAD London briefing — 2026-07-14

BIAS BEARISH. D1 structure bearish; H1 EMA bearish; RSI 34.59 neutral but not oversold—room to fall. KEY LEVELS R: 1.415, 1.42, 1.42479 | S: 1.41166, 1.41, 1.405 NEWS 🔴 CPI MoM (USD) 12:30 UTC 🟡 ADP Employment 4-week avg 12:15 UTC 🟡 NFIB Business Optimism 10:00 UTC SESSION OUTLOOK CPI print drives USD volatility; watch reaction at 1.415 resistance. Bearish bias favors breaks below 1.41 support if inflation data softens. PRO UNLOCKS [Liquidity sweeps, FVGs, exact entries/SL/TP — Pro subscribers only]

Key Levels

R: 1.41500 · 1.42000 · 1.42479

S: 1.41166 · 1.41000 · 1.40500