USDCAD London briefing — 2026-10-19

BIAS BEARISH. D1+H4+H1 trend confluence, RSI oversold at 27.21, H4 and H1 FVGs aligned downside. KEY LEVELS R: 1.415, 1.42, 1.43015 | S: 1.41, 1.405, 1.40244 NEWS 🔴 BoC CPI Core YoY – Mon 12:30 UTC 🟡 BoC CPI Core MoM – Mon 12:30 UTC SESSION OUTLOOK London open tests support into BoC data. Core inflation miss favors CAD weakness; beat risks reversal.

Key Levels

R: 1.41500 · 1.42000 · 1.43015

S: 1.41000 · 1.40500 · 1.40244