Published: 2026-10-07T06:15:19.000Z
Chart USD/CAD Update: Room for deeper pullback from 1.4290 Fibonacci level
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Settled back from 1.4290 fresh year high and 61.8% Fibonacci level as prices unwind overbought intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.4400 | * | congestion | S1 | 1.4200 | * | congestion | |
| R3 | 1.4350 | * | congestion | S2 | 1.4150 | * | congestion | |
| R2 | 1.4290 | * | 61.8% 2025/2026 fall | S3 | 1.4140 | ** | Nov 2025 high | |
| R1 | 1.4250 | * | Jun high | S4 | 1.4100 | * | congestion |
Asterisk denotes strength of level
06:10 GMT - Settled back from 1.4290 fresh year high and 61.8% Fibonacci level as prices unwind overbought intraday and daily studies. Break of support at the 1.4250 June high ease the upside pressure and see room for deeper pullback to correct strong gains from the 1.3730 August swing low the 1.4200 congestion. Lower still, will see room to strong support at the 1.4150/1.4140 congestion and November 2025 high. Meanwhile, resistance is at the 1.4250 June high then the 1.4290 Fibonacci level. Above here, if seen, will see room to the 1.4320 channel resistance and 1.4350 congestion.