USDCAD New York briefing — 2026-08-14

BIAS BEARISH. EMA H4/H1 aligned downside, RSI oversold at 25.51 suggests exhaustion before potential bounce, D1 structure confirms weakness. KEY LEVELS R: 1.39, 1.395, 1.41292 | S: 1.38687, 1.385, 1.38 NEWS 🔴 Michigan Consumer Sentiment (14:00 UTC) 🟡 Michigan Consumer Expectations (14:00 UTC) 🟡 Business Inventories (14:00 UTC) SESSION OUTLOOK Michigan sentiment data at NY open could trigger USD volatility. Watch 1.39 resistance; oversold conditions may attract dip-buyers near support cluster.

Key Levels

R: 1.39000 · 1.39500 · 1.41292

S: 1.38687 · 1.38500 · 1.38000