USDCAD New York briefing — 2026-08-11

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral at 37.66 shows room to fall without oversold extremes. D1 structure neutral provides no headwind. KEY LEVELS R: 1.395, 1.40, 1.41292 | S: 1.39244, 1.39, 1.385 NEWS 🟡 Existing Home Sales Change (MoM) — 14:00 UTC 🔴 Redbook Index (YoY) — 12:55 UTC SESSION OUTLOOK Soft housing data risks USD weakness. Watch holds above 1.39 support; break below opens 1.385 target.

Key Levels

R: 1.39500 · 1.40000 · 1.41292

S: 1.39244 · 1.39000 · 1.38500