Published: 2026-07-01T10:50:28.000Z
Chart EUR/CAD Update: Leaning lower in cautious trade
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Little change, as prices extend cautious trade around congestion support at 1.6200
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6393 | ** | 27 Jan YTD high | S1 | 1.6200 | ** | congestion | |
| R3 | 1.6300 | ** | congestion | S2 | 1.6150 | * | break level | |
| R2 | 1.6270 | ** | 19 Jun (m) high | S3 | 1.6125~ | * | 26 Jun (w) low | |
| R1 | 1.6250~ | ** | 14 Apr (m) high | S4 | 1.6100 | ** | break level |
Asterisk denotes strength
11:35 BST - Little change, as prices extend cautious trade around congestion support at 1.6200. Intraday studies are falling, suggesting room for a test beneath here. But mixed daily and weekly charts should limit initial scope in renewed consolidation above 1.6150. A close below the 1.6125~ weekly low of 26 June, however, will add weight to sentiment and extend mid-June losses initially to 1.6100. Meanwhile, resistance remains at the 1.6250~ monthly high of 14 April and extends to the 1.6270 monthly high of 19 June. This range should cap any immediate tests higher.