Published: 2026-10-05T07:48:50.000Z
Chart USD/CAD Update: Consolidating gains to 1.4290, fresh year high
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Break above the June high has seen gains to reach fresh year high at 1.4290, 61.8% Fibonacci level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.4400 | * | congestion | S1 | 1.4250 | ** | Jun high | |
| R3 | 1.4350 | * | congestion | S2 | 1.4200 | * | congestion | |
| R2 | 1.4320 | * | channel | S3 | 1.4150 | * | congestion | |
| R1 | 1.4290 | * | 61.8% 2025/2026 fall | S4 | 1.4140 | ** | Nov 2025 high |
Asterisk denotes strength of level
07:40 GMT - Break above the June high has seen gains to reach fresh year high at 1.4290, 61.8% Fibonacci level. Overbought intraday and daily studies caution corrective pullback with the June high at 1.4250 now turned support. Would take pullback below here to ease the upside pressure and see room for deeper pullback to the 1.4200 congestion then the strong support at the 1.4150/1.4140 area and November 2025 high. Meanwhile, break above the 1.4290 Fibonacci level, if seen, will see room to the 1.4320 channel resistance and 1.4350 congestion.