USDCAD New York briefing — 2026-07-02

BIAS BULLISH. Daily structure bullish; H4 EMA confirms uptrend despite H1 neutrality and RSI at midpoint. Timeframe divergence noted but higher timeframes dominate. KEY LEVELS R: 1.42486, 1.425, 1.43 | S: 1.42, 1.415, 1.3951 NEWS 🟡 CAD Manufacturing PMI – 13:30 UTC 🟡 Fed Daly Speech – 13:45 UTC 🟡 USD Factory Orders – 14:00 UTC SESSION OUTLOOK Three medium events cluster in NY morning. Watch CAD data for domestic weakness; Fed rhetoric and US orders could spike dollar volatility. Bias remains intact if 1.42 holds. PRO UNLOCKS Entry zones, SL placement, TP cascades, FVG liquidity, Fibonacci extensions, sweep patterns — upgrade to Pro.

Key Levels

R: 1.42486 · 1.42500 · 1.43000

S: 1.42000 · 1.41500 · 1.39510