USDCAD New York briefing — 2026-05-21

BIAS BULLISH. D1 structure bullish, H4/H1 EMAs aligned upward, RSI neutral but price above 61 confirms momentum. KEY LEVELS R: 1.37787, 1.38, 1.385 | S: 1.375, 1.37, 1.35729 NEWS 🔴 S&P Global Manufacturing PMI (USD) Thu 13:45 UTC 🔴 S&P Global Services PMI (USD) Thu 13:45 UTC 🟡 S&P Global Composite PMI (USD) Thu 13:45 UTC SESSION OUTLOOK PMI data drops during NY open. Strong prints support USD strength and potential breakout above 1.37787. Watch 1.38 resistance rejection or acceptance. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep, Fibonacci levels

Key Levels

R: 1.37787 · 1.38000 · 1.38500

S: 1.37500 · 1.37000 · 1.35729