USDCAD New York briefing — 2026-06-04

BIAS BULLISH. EMA H4/H1 aligned bullish, D1 structure confirmed, RSI neutral (66) avoids overbought trap. KEY LEVELS R: 1.3925, 1.395 | S: 1.385, 1.38, 1.37329 NEWS 🟡 Fed's Schmid speech 16:00 UTC (medium impact) | EIA Natural Gas, 4-Week Bill Auction (low impact) SESSION OUTLOOK Watch for breakout above 1.39 resistance into NY afternoon. Schmid speech may spark USD volatility; monitor for confirmation or rejection of bullish structure. PRO UNLOCKS Entry confluences, SL/TP clusters, FVG/liquidity maps, Fibonacci extensions — unlock with Pro

Key Levels

R: 1.39000 · 1.39250 · 1.39500

S: 1.38500 · 1.38000 · 1.37329