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EUR/CAD Intraday: Watching for a Trigger Above Resistance
Nov 4, 2026 6:00 AM
The upside prevails as long as 1.5652 is support, with 1.5697 and 1.5708 as targets
Our pivot point is at 1.5652.
Our preference:
The upside prevails as long as 1.5652 is support, with 1.5697 and 1.5708 as targets
Alternative scenario:
below 1.5652, expect 1.5632 and 1.5621.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
1.5720 *
1.5708 **
1.5697
1.5691 last
1.5652 **
1.5632 *
1.5621 **
Our preference:
The upside prevails as long as 1.5652 is support, with 1.5697 and 1.5708 as targets
Alternative scenario:
below 1.5652, expect 1.5632 and 1.5621.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
1.5720 *
1.5708 **
1.5697
1.5691 last
1.5652 **
1.5632 *
1.5621 **
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