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Published: 2026-03-31T16:06:51.000Z

Chart USD/CAD Update: January gains trading at fresh year highs

2

Little change, as prices extend January gains to fresh 2026 year highs at 1.3965~

 Levels ImpComment   Levels ImpComment 
R4 1.4100**congestion S1 1.3900*congestion
R3 1.4050 break level S2 1.3870*congestion lows
R2 1.4000**congestion S3 1.3850*congestion
R1 1.3985**76.4% ret of Nov-Jan fall S4 1.3800*congestion

Asterisk denotes strength of level

16:20 BST - Little change, as prices extend January gains to fresh 2026 year highs at 1.3965~. The positive daily Tension Indicator highlights room for a test of strong resistance at the 1.3985 Fibonacci retracement and congestion around 1.4000. But flat overbought daily stochastics could limit any initial tests in profit-taking, before rising weekly charts extend gains still further. Meanwhile, support is raised to congestion around 1.3900. An unexpected break will turn sentiment neutral and give way to consolidation around further congestion at 1.3850.

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Topics
USD/CAD-TA
Free-Tactical-TA
DM-Technical
Technical Analysis

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