Published: 2026-03-26T16:50:40.000Z
Chart USD/CAD Update: Extending January gains
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The anticipated break above 1.3800 has reached 1.3850, as rising intraday studies keep near-term sentiment positive
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3930~ | ** | 16 Jan YTD high | S1 | 1.3800 | * | congestion | |
| R3 | 1.3900 | * | congestion | S2 | 1.3750 | * | break level | |
| R2 | 1.3885 | ** | 61.8% ret of Nov-Jan fall | S3 | 1.3700 | * | congestion | |
| R1 | 1.3870 | * | congestion lows | S4 | 1.3650 | congestion |
Asterisk denotes strength of level
16:30 GMT - The anticipated break above 1.3800 has reached 1.3850, as rising intraday studies keep near-term sentiment positive. Daily readings continue to rise, highlighting room for a test of strong resistance within the 1.3870 - 1.3900 range. Already overbought daily stochastics could limit any initial tests in renewed consolidation, before rising weekly charts prompt a break and extend January gains towards the 1.3930~ current year high of 16 January. Meanwhile, any immediate tests below congestion support at 1.3800 should be limited in renewed buying interest above 1.3750.