USDCAD New York briefing — 2026-05-08

BIAS BULLISH. D1 structure dominates hierarchy; H1 bullish EMA supports despite RSI overbought neutrality. KEY LEVELS R: 1.37, 1.375, 1.37984 | S: 1.365, 1.36, 1.35503 NEWS 🔴 Michigan Consumer Sentiment Index (Fri 14:00 UTC) 🟡 Michigan Consumer Expectations Index (Fri 14:00 UTC) 🟡 UoM 1-year Inflation Expectations (Fri 14:00 UTC) SESSION OUTLOOK High-impact USD sentiment data at NY open could trigger volatility. Watch 1.37 resistance rejection or break; support holds at 1.365. PRO UNLOCKS Unlock Pro for exact entries, stops, targets, FVG zones, liquidity sweeps—FXBias.com

Key Levels

R: 1.37000 · 1.37500 · 1.37984

S: 1.36500 · 1.36000 · 1.35503