USDCAD New York briefing — 2026-06-01

BIAS BULLISH. Daily structure bullish; H4 EMA confirms uptrend. H1 neutral divergence and RSI 69.53 flag caution on momentum continuation. KEY LEVELS R: 1.385, 1.38698, 1.39 | S: 1.38, 1.375, 1.36847 NEWS 🟡 S&P Global Manufacturing PMI (CAD) 13:30 UTC 🟡 S&P Global Manufacturing PMI (USD) 13:45 UTC 🟡 Construction Spending (USD) 14:00 UTC SESSION OUTLOOK CAD PMI data at NY open; watch for USD/CAD reaction. RSI near overbought suggests pullback risk into resistance clusters. PRO UNLOCKS Exact entries, SL placement, TP sequencing, FVG liquidity zones, Fibonacci projections — unlock with Pro.

Key Levels

R: 1.38500 · 1.38698 · 1.39000

S: 1.38000 · 1.37500 · 1.36847