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HWby u/hugo.weber·12hAnalysis

EURCAD: Watching 1.6136 Today

Still watching $EURCAD up here, specifically that 1.6136 level that was today's high. We saw a solid push past 1.61 earlier, but it feels like there's some fatigue setting in around this point. I'm wondering if this area could mark a temporary top, or at least a significant resistance zone to consolidate against. My general thesis for a short-term pullback gets invalidated pretty cleanly if we print a solid close above, say, 1.6145. Below that, I'd expect to test 1.61 and potentially the low 1.60s again.

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