USDCAD New York briefing — 2026-09-09

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI at 30.61 offers room to test support without oversold extremes yet. KEY LEVELS R: 1.38, 1.385, 1.39418 | S: 1.375, 1.37329, 1.37 NEWS 🟡 Redbook Index (Wed 12:55 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) 🟡 EIA Distillate Stocks (Wed 14:30 UTC) SESSION OUTLOOK US retail and energy data may temper USD strength. Watch if price tests 1.375 support; break below opens 1.37329.

Key Levels

R: 1.38000 · 1.38500 · 1.39418

S: 1.37500 · 1.37329 · 1.37000