Published: 2026-05-13T01:30:54.000Z
Chart EUR/USD Update: Leaning lower in consolidation
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Leaning lower in range as prices extend consolidation below resistance at the 1.1800 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1928 | ** | 10 Feb high | S1 | 1.1720/00 | * | congestion | |
| 14 | 1.1900 | * | congestion | S2 | 1.1675 | * | 5 May low | |
| R2 | 1.1850 | ** | Apr high, congestion | S3 | 1.1655 | ** | 30 Apr low | |
| R1 | 1.1800 | ** | congestion | S4 | 1.1640 | ** | 23 Mar high |
Asterisk denotes strength of level
01:25 GMT - Leaning lower in range as prices extend consolidation below resistance at the 1.1800 congestion. Support is at the 1.1720/00 congestion area and break here will see room for retest of strong support at the 1.1675/1.1655 lows. Lower will see room to the 1.1640 support and 1.1600 level. Meanwhile, resistance remains at the 1.1800 congestion. Would take break here to open up room for retest of the 1.1850, April high. Clearance here will see room for stronger gains to retrace the January/March losses and see extension to strong resistance at 1.1900/28 congestion and 10 February high.