USDCAD New York briefing — 2026-07-21

BIAS NEUTRAL — H1/H4 EMAs neutral, RSI 65 overbought but not extreme, D1 structure offers no directional conviction. Mixed signals warrant patience. KEY LEVELS R: 1.41, 1.415, 1.42391 | S: 1.405, 1.4001, 1.40 NEWS 🟡 Redbook Index (Tue 12:55 UTC) | 🟡 API Crude Oil (Tue 20:30 UTC) | 🟡 MBA Mortgages (Wed 11:00 UTC) SESSION OUTLOOK Watch Redbook for retail demand tone; API crude could pressure CAD. Range-bound setup likely; break of 1.41 or 1.405 needed for directional flow. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps

Key Levels

R: 1.41000 · 1.41500 · 1.42391

S: 1.40500 · 1.40010 · 1.40000