USDCAD New York briefing — 2026-06-05

BIAS BULLISH. Daily structure and H4 EMA confirm upside momentum despite neutral RSI and H1 divergence—pullback setup favors buyers. KEY LEVELS R: 1.39, 1.3925, 1.395 | S: 1.385, 1.38, 1.37329 NEWS 🟡 Ivey PMI (CAD) 14:00 UTC 🟡 Ivey PMI s.a (CAD) 14:00 UTC 🔵 Baker Hughes Oil Rig Count (USD) 17:00 UTC SESSION OUTLOOK Watch Ivey data for CAD reaction; weak prints may ease upside. Oil rig count secondary. H1 consolidation near 1.38772 before next leg. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci

Key Levels

R: 1.39000 · 1.39250 · 1.39500

S: 1.38500 · 1.38000 · 1.37329