Published: 2026-02-18T14:44:30.000Z
Chart EUR/CAD Update: Quiet trade
1
Little change, as prices extend cautious trade above congestion around 1.6150
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6393 | ** | 27 Jan YTD high | S1 | 1.6150 | * | congestion | |
| R3 | 1.6300 | * | congestion | S2 | 1.6100 | * | congestion | |
| R2 | 1.6250 | break level | S3 | 1.6061/65 | * | 8-31 Dec (m) lows | ||
| R1 | 1.6200 | * | congestion | S4 | 1.6035 | ** | 61.8% ret of Jul-Oct rally |
Asterisk denotes strength
14:30 GMT - Little change, as prices extend cautious trade above congestion around 1.6150. Daily readings continue to rise, highlighting potential for a test of congestion resistance at 1.6200. However, broader weekly charts are mixed/negative, suggesting any initial tests could give way to fresh consolidation. Meanwhile, any immediate tests below congestion support at 1.6150 should give way to fresh consolidation above further congestion around 1.6100.