USDCAD New York briefing — 2026-09-11

BIAS NEUTRAL. RSI overbought at 73.44 conflicts with bullish H1/H4 divergence; D1 structure lacks directional conviction despite price strength. KEY LEVELS R: 1.39, 1.39418, 1.395 | S: 1.385, 1.38, 1.37543 NEWS 🔴 Michigan Consumer Sentiment Index (14:00 UTC) 🟡 Michigan Consumer Expectations Index (14:00 UTC) 🟡 UoM 1-year Inflation Expectations (14:00 UTC) SESSION OUTLOOK High impact Michigan data drives volatility at 14:00 UTC. Watch if sentiment data breaks 1.39 resistance or triggers pullback toward 1.385.

Key Levels

R: 1.39000 · 1.39418 · 1.39500

S: 1.38500 · 1.38000 · 1.37543