USDCAD New York briefing — 2026-06-12

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; RSI 61.88 neutral avoids overbought; D1 structure neutral doesn't contradict higher timeframe momentum. KEY LEVELS R: 1.40231, 1.405 | S: 1.395, 1.39, 1.3772 NEWS 🔴 Michigan Consumer Sentiment Index (USD) — 14:00 UTC 🟡 Michigan Consumer Expectations Index (USD) — 14:00 UTC 🟡 UoM 1-year Inflation Expectations (USD) — 14:00 UTC SESSION OUTLOOK USD data arrives mid-session; strong sentiment could extend CAD weakness. Watch 1.40 resistance for breakout confirmation or rejection. PRO UNLOCKS Entry targets, SL placement, TP zones, FVG confluences, liquidity sweeps — unlock with Pro.

Key Levels

R: 1.40000 · 1.40231 · 1.40500

S: 1.39500 · 1.39000 · 1.37720