USDCAD New York briefing — 2026-09-08

BIAS BEARISH. EMA H4/H1 aligned downtrend, D1 structure confirms lower trajectory, RSI neutral avoids oversold trap. KEY LEVELS R: 1.385, 1.39, 1.39418 | S: 1.38, 1.375, 1.37329 NEWS 🟡 Redbook Index YoY (USD) 12:55 UTC 🟡 3M/6M Bill Auctions (USD) 15:30 UTC SESSION OUTLOOK Redbook and Treasury auctions may cap USD strength. Watch holds at 1.38 support; break lower targets 1.375.

Key Levels

R: 1.38500 · 1.39000 · 1.39418

S: 1.38000 · 1.37500 · 1.37329