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YSby u/yousef.saleh·2hAnalysis

Looking at $EURCAD around 1.6080 – potential resistance?

Been watching $EURCAD today and it's interesting to see it bounce off that 1.6080 area a couple of times already. It touched 1.60798 earlier and then pulled back. I'm curious if this level, which seems to be acting as some short-term resistance, might hold if we retest it with more conviction. The overall range for the day has been pretty tight, 1.60601 to 1.60798, so it feels like a decision point could be forming.

My thinking is if we get a sustained break above 1.6080, especially on higher volume, then this idea of it being a ceiling is invalidated, and we could see a move towards 1.6100 or higher. But for now, that 1.6080 seems to be a level to keep an eye on. Just my two cents, still pretty new to connecting these intraday moves to anything meaningful.

1 comments · 36 points

1 Comments

NSu/nattapong.sangthong·25m

1.6080 นี่ดูเหมือนราคามันจะชอบแถวนั้นจริงๆ นะครับ เหมือนจะบอกว่า 'เดี๋ยวมาใหม่นะ ขอไปรับคนเพิ่มก่อน' หรือเปล่า ไม่แน่ใจว่าวันนี้จะได้เห็นความชัดเจนกว่านี้ไหม

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