USDCAD London briefing — 2026-10-20

BIAS BEARISH. Trend vote (D1+H4+H1), oversold RSI(29.35), and bearish fair value gaps on H4 and H1 converge to drive selling pressure. KEY LEVELS R: 1.41, 1.415, 1.43015 | S: 1.4057, 1.405, 1.4 NEWS 🟡 ADP Employment Change 4-week avg (USD) 12:15 UTC 🟡 Building Permits MoM (USD) 12:30 UTC SESSION OUTLOOK London open with RSI deep oversold; watch H1 FVG zones as liquidity anchor. US data mid-session may trigger intraday volatility on thin stops.

Key Levels

R: 1.41000 · 1.41500 · 1.43015

S: 1.40570 · 1.40500 · 1.40000