USDCAD New York briefing — 2026-08-03

BIAS BEARISH. H4 EMA bearish, RSI neutral at 50, daily structure neutral—downside bias holds but lacks conviction. KEY LEVELS R: 1.405, 1.41, 1.41292 | S: 1.4, 1.39911, 1.395 NEWS 🟡 S&P Global Manufacturing PMI (USD) 13:45 UTC 🟡 Construction Spending MoM (USD) 14:00 UTC 🟡 ISM Manufacturing Employment Index 14:00 UTC SESSION OUTLOOK Data cluster at 14:00 may trigger volatility into support zones. Watch 1.4 hold as pivot; weakness below extends bearish setup.

Key Levels

R: 1.40500 · 1.41000 · 1.41292

S: 1.40000 · 1.39911 · 1.39500