Published: 2026-04-14T11:07:56.000Z
Chart EUR/CAD Update: Pushing higher
1
Cautious trade has given way to a fresh push higher
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6468 | ** | 17 Oct 2025 (y) high | S1 | 1.6200 | * | congestion | |
| R3 | 1.6393 | ** | 27 Jan YTD high | S2 | 1.6150 | * | congestion | |
| R2 | 1.6300 | * | congestion | S3 | 1.6100 | ** | break level | |
| R1 | 1.6250 | congestion | S4 | 1.6025 | * | recent lows |
Asterisk denotes strength
11:30 BST - Cautious trade has given way to a fresh push higher, with the break above 1.6200 currently balanced around 1.6225. Both daily and weekly studies are positive, highlighting room for further strength in the coming sessions towards congestion resistance at 1.6250. Continuation towards 1.6300 cannot be ruled out. Meanwhile, support is raised to congestion around 1.6200. A close beneath here, if seen, would help to stabilise sentiment and prompt consolidation above further congestion around 1.6150.