USDCAD New York briefing — 2026-09-07

BIAS BEARISH. H4 and H1 EMAs aligned downside; RSI neutral (41.53) leaves room lower before oversold. KEY LEVELS R: 1.385, 1.39, 1.39418 | S: 1.38, 1.375, 1.37329 NEWS 🟡 ADP Employment Change 4-week average (Tue 12:15 UTC) 🔴 NFIB Business Optimism Index (Tue 10:00 UTC) 🔴 Redbook Index YoY (Tue 12:55 UTC) SESSION OUTLOOK Soft US data could weigh USD further. Watch 1.38 support; break below opens 1.375 target.

Key Levels

R: 1.38500 · 1.39000 · 1.39418

S: 1.38000 · 1.37500 · 1.37329