Published: 2026-06-26T10:57:10.000Z
Chart EUR/CAD Update: Range trade
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Little change, as prices extend cautious trade above support at 1.6150
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.6393 | ** | 27 Jan YTD high | S1 | 1.6150 | * | break level | |
| R3 | 1.6300 | ** | congestion | S2 | 1.6100 | ** | break level | |
| R2 | 1.6250~ | ** | 14 Apr (m) high | S3 | 1.6050 | congestion | ||
| R1 | 1.6200 | ** | congestion | S4 | 1.6035 | * | 8 Jun (m) low |
Asterisk denotes strength
11:25 BST - Little change, as prices extend cautious trade above support at 1.6150. Rising intraday studies highlight room for a test of congestion resistance at 1.6200. But bearish daily readings should limit any initial tests in fresh consolidation. Broader weekly charts are positive, but a close above the 1.6250~ monthly high of 14 April is needed to turn sentiment positive and extend March gains towards 1.6300. Meanwhile, any fresh tests below 1.6150 should be limited in renewed buying interest/consolidation above 1.6100.