USDCAD New York briefing — 2026-10-20

BIAS BEARISH. Combined D1 + H4 + H1 trend votes, oversold RSI(14) at 25.42, and bearish fair value gaps on both H4 and H1 timeframes drive this bias. KEY LEVELS R: 1.405, 1.41, 1.43015 | S: 1.40462, 1.4, 1.395 NEWS 🟡 ADP Employment Change 4-week average (Tue 12:15 UTC) 🟡 Building Permits MoM (Tue 12:30 UTC) SESSION OUTLOOK Monitor NY open reaction to labor data. Oversold conditions may fuel mean reversion attempts into resistance, but H1 bearish structure limits upside conviction.

Key Levels

R: 1.40500 · 1.41000 · 1.43015

S: 1.40462 · 1.40000 · 1.39500