USDCAD London briefing — 2026-09-22

BIAS BULLISH. D1+H4+H1 trend alignment, H4/H1 fair value gaps, and bullish D1 structure drive conviction despite liquidity sweep of highs. KEY LEVELS R: 1.40437, 1.405, 1.41 | S: 1.4, 1.395, 1.37547 NEWS 🟡 ADP Employment Change 4-week average (Tue 12:15 UTC) 🟡 Redbook Index YoY (Tue 12:55 UTC) 🟡 Richmond Fed Manufacturing Index (Tue 14:00 UTC) SESSION OUTLOOK London session tests resistance structure into US data. Watch for breakout confirmation above 1.40437 or pullback into support confluences.

Key Levels

R: 1.40437 · 1.40500 · 1.41000

S: 1.40000 · 1.39500 · 1.37547