Published: 2026-07-27T15:59:47.000Z
Chart USD/CAD Update: Room for a test higher in both USD- and CAD-driven trade
3
Little change, as prices extend cautious trade around congestion resistance at 1.4100
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.4248 | ** | 24 Jun YTD high | S1 | 1.4050 | break level | ||
| R3 | 1.4200 | ** | congestion | S2 | 1.4000 | ** | break level | |
| R2 | 1.4150 | * | congestion base | S3 | 1.3980 | ** | 38.2% ret of May-Jun rally | |
| R1 | 1.4100 | * | congestion | S4 | 1.3930 | intraday lows |
Asterisk denotes strength of level
16:40 BST - Little change, as prices extend cautious trade around congestion resistance at 1.4100. Both intraday and daily studies are turning higher, highlighting room for a break, with USD- and CAD-driven trade then targeting 1.4150. Beyond here is 1.4200. But negative weekly charts should limit any tests of here in renewed selling interest/consolidation. Meanwhile, support remains at 1.4050, and should underpin any immediate setbacks.