Published: 2026-02-17T14:32:19.000Z
Chart EUR/CAD Update: Limited tests higher
1
Still little change
| 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
14:10 GMT - Still little change, as prices extend cautious trade above congestion around 1.6150. Intraday studies have ticked higher and 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 further gains are expected to meet renewed selling interest towards 1.6250. Meanwhile, any immediate tests below congestion support at 1.6150 should give way to fresh consolidation above further congestion around 1.6100.