USDCAD New York briefing — 2026-05-05

BIAS BULLISH — D1 structure dominates; H4 bearish offset by daily uptrend confirmation via RSI neutral zone. KEY LEVELS R: 1.365, 1.37, 1.37984 | S: 1.36, 1.35503, 1.355 NEWS 🟡 S&P Global Composite PMI (USD) 13:45 UTC 🟡 S&P Global Services PMI (USD) 13:45 UTC 🔴 Redbook Index (YoY) 12:55 UTC SESSION OUTLOOK PMI data may spark USD volatility into NY open. Watch 1.365 resistance; hold above 1.36 support sustains bullish bias. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci ratios — unlock with Pro subscription.

Key Levels

R: 1.36500 · 1.37000 · 1.37984

S: 1.36000 · 1.35503 · 1.35500