USDCAD New York briefing — 2026-08-05

BIAS NEUTRAL — H4 bearish vs H1 neutral creates conflict; D1 bullish structure intact but RSI at midpoint offers no directional conviction. KEY LEVELS R: 1.405, 1.41, 1.41292 | S: 1.4, 1.39911, 1.395 NEWS 🟡 S&P Global Composite PMI (USD) — 13:45 UTC 🟡 ISM Services Employment Index (USD) — 14:00 UTC SESSION OUTLOOK Expect consolidation around 1.40454 pending PMI release. Watch for breakout direction post-data; USD strength could trigger resistance test, weakness may probe support.

Key Levels

R: 1.40500 · 1.41000 · 1.41292

S: 1.40000 · 1.39911 · 1.39500