Published: 2026-02-23T16:55:01.000Z
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 (w) high | S3 | 1.3500 | ** | congestion | |
| R1 | 1.3700 | * | congestion | S4 | 1.3480~ | ** | 30 Jan YTD low |
Asterisk denotes strength of level
16:40 GMT - Still little change, as prices extend consolidation beneath resistance at congestion around 1.3700 and the 1.3725 weekly high of 6 February. The daily Tension Indicator continues to rise, highlighting potential for a retest of here. But a tick lower in overbought daily stochastics suggests any immediate tests could be limited in further consolidation, before improving weekly charts prompt further gains. Meanwhile, support remains at congestion around 1.3650. A break beneath here, if seen, should give way to consolidation above further congestion around 1.3600.