USDCAD New York briefing — 2026-05-07

BIAS BULLISH — D1 structure dominates; H1 bullish EMA supports upside despite neutral RSI. KEY LEVELS R: 1.365, 1.37, 1.37984 | S: 1.36, 1.35503, 1.355 NEWS Construction Spending MoM 🟡 14:00 UTC | EIA Natural Gas Storage 🟡 14:30 UTC SESSION OUTLOOK Watch for USD weakness around data prints. Bullish structure targets 1.365 resistance; hold above 1.36 support. PRO UNLOCKS Entry 1.3635 | SL 1.3545 | TP1 1.365 | TP2 1.3798 | FVG 1.3615–1.3625 — unlock with Pro

Key Levels

R: 1.36500 · 1.37000 · 1.37984

S: 1.36000 · 1.35503 · 1.35500