Published: 2026-05-25T01:44:42.000Z
Chart EUR/USD Update: Poised for retest of 1.1655 resistance
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Gapped up at the open see prices poised for retest of resistance at the 1.1655
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1800 | ** | congestion | S1 | 1.1600 | * | congestion | |
| 14 | 1.1750 | * | congestion | S2 | 1.1575/50 | * | congestion | |
| R2 | 1.1700 | * | congestion | S3 | 1.1500 | ** | congestion | |
| R1 | 1.1655 | ** | 30 Apr low | S4 | 1.1450 | congestion |
Asterisk denotes strength of level
01:35 GMT - Gapped up at the open see prices poised for retest of resistance at the 1.1655 following consolidation at the 1.1600 level last week. Higher will see room for extension to resistance at the 1.1700 level. Regaining this will revive upside focus and see room for extension to resistance at the 1.1750/1.1800 congestion area. Clearance here will turn focus to the 1.1850 April high and see potential to extend the broader gains from 1.1410 March YTD low. Meanwhile, support at the 1.1600 level expected to underpin and sustain bounce from the 1.1575/50 area.