|R4||1.1423||**||June 10 (weekly) high||S1||1.1200||*||Congestion|
|R3||1.1400||*||Congestion||S2||1.1168||*||June 19-22 lows|
|R2||1.1350||*||Break level||S3||1.1148||*||March 28 high|
|R1||1.1250||Congestion||S4||1.1125||*||38.2% retracement of March-June rally|
Asterisk denotes strength of level
08:15 BST - There has not been a change and prices are extending the consolidation around 1.1200. However, daily readings continue to deteriorate, highlighting the risk of a later break toward the 1.1148 break level from March 28. A close beneath here wouls confirm a continuation of the June 10 fall. Meanwhile, an unexpected close above 1.1250 will delay downside tests and turn price action cautiously Neutral.