USDCAD New York briefing — 2026-10-22

BIAS BEARISH. D1 structure, H4/H1 EMAs, and dual timeframe fair value gaps drive directional bias despite lows sweep and neutral RSI. KEY LEVELS R: 1.405, 1.41, 1.43015 | S: 1.40139, 1.4, 1.395 NEWS 🟡 Employment Insurance Beneficiaries, Industrial Product Price, New Housing Price Index (CAD) Thu 12:30 UTC SESSION OUTLOOK Watch for retest of resistance 1.405 ahead of low-impact Canadian data. Sweep of lows may trigger stops before continuation lower.

Key Levels

R: 1.40500 · 1.41000 · 1.43015

S: 1.40139 · 1.40000 · 1.39500