Published: 2025-09-10T15:56:48.000Z
Chart USD/CAD Update: Limited tests higher
0
2
Little change, as prices extend consolidation around the 1.3855 weekly high of 5 September
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.4200 | ** | congestion | S1 | 1.3800 | * | congestion | |
| R3 | 1.4170 | ** | 50% ret of Feb-Jun fall | S2 | 1.3725 | * | 29 Aug (w) low | |
| R2 | 1.4000/20 | ** | break level; 38.2% ret | S3 | 1.3700 | ** | congestion | |
| R1 | 1.3900 | ** | break level | S4 | 1.3600 | ** | congestion |
Asterisk denotes strength of level
16:45 BST - Little change, as prices extend consolidation around the 1.3855 weekly high of 5 September. Daily readings are rising, suggesting room for a break above here. However, mixed weekly charts are expected to limit scope in renewed selling interest/consolidation beneath resistance at 1.3900. Meanwhile, a close below congestion support at 1.3800, if seen, should give way to consolidation above strong support at the 1.3725 weekly low of 29 August.