Published: 2025-12-15T11:36:30.000Z
Chart EUR/CAD Update: Gains to remain limited
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Little change, as mixed/positive intraday studies keep near-term sentiment cautious
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6340 | * | 13 Nov (m) high | S1 | 1.6100 | * | congestion | |
| R3 | 1.6300 | * | congestion | S2 | 1.6065 | * | 8 Dec (w) low | |
| R2 | 1.6250 | congestion | S3 | 1.6035 | ** | 61.8% ret of Jul-Oct rally | ||
| R1 | 1.6200 | * | congestion | S4 | 1.6000 | * | congestion |
Asterisk denotes strength
11:20 GMT - Little change, as mixed/positive intraday studies keep near-term sentiment cautious and extend consolidation beneath congestion resistance at 1.6200. Rising daily stochastics highlight potential for a test of here. But the flat daily Tension Indicator and mixed/negative weekly charts should limit any break in renewed selling interest/consolidation beneath further congestion around 1.6250. Meanwhile, support remains at congestion around 1.6100. But a close below the 1.6065 weekly low of 8 December is needed to turn sentiment negative and extend mid-October losses towards the 1.6035 Fibonacci retracement.