USDCAD New York briefing — 2026-05-20

BIAS BULLISH. D1 structure bullish; H4/H1 EMAs aligned upside; RSI 60.86 supports momentum continuation. KEY LEVELS R: 1.37787, 1.38, 1.385 | S: 1.375, 1.37, 1.35503 NEWS EIA Crude Oil Stocks 🟡 14:30 UTC | 20-Year Bond Auction 🟡 17:00 UTC | FOMC Minutes 🔴 18:00 UTC SESSION OUTLOOK FOMC Minutes at 18:00 UTC is primary driver; watch for volatility spike into close. CAD weakness from crude builds into NY session supports upside bias. PRO UNLOCKS Entry 1.3768 | SL 1.3750 | TP1 1.3790 | TP2 1.3810 | FVG

Key Levels

R: 1.37787 · 1.38000 · 1.38500

S: 1.37500 · 1.37000 · 1.35503