Published: 2026-03-05T17:02:20.000Z
Chart USD/CAD Update: Choppy in range
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Still little change
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3800 | ** | congestion | S1 | 1.3650 | minor congestion | ||
| R3 | 1.3755 | ** | 61.8% ret of Jan-Feb fall | S2 | 1.3600 | * | congestion | |
| R2 | 1.3725 | * | 6 Feb (m) high | S3 | 1.3550 | congestion | ||
| R1 | 1.3700 | * | congestion | S4 | 1.3500 | ** | congestion |
Asterisk denotes strength of level
16:45 GMT - Still little change, as prices extend cautious/choppy trade within the 1.3650 - 1.3700 range. Intraday studies are rising and negative daily stochastics are flattening, suggesting room for a retest of resistance at the 1.3725 monthly high of 6 February. But the bearish daily Tension Indicator is expected to limit any immediate break in renewed selling interest towards the 1.3755 Fibonacci retracement. Meanwhile, any immediate tests back below congestion support at 1.3650 should meet renewed buying interest above congestion around 1.3600.