Published: 2026-08-27T01:37:17.000Z
Chart EUR/USD Update: Leaning lower from the 1.1710 high
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Leaning lower from the 1.1710 pin bar highs to pressure support at the 1.1655/50 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1850 | ** | Apr high | S1 | 1.1655 | * | 30 Apr low | |
| R3 | 1.1800 | * | congestion | S2 | 1.1600 | * | congestion | |
| R2 | 1.1740/65 | ** | 19, 6 Feb lows | S3 | 1.1575/50 | ** | May low, congestion | |
| R1 | 1.1700 | * | congestion | S4 | 1.1512/00 | ** | 13 Aug low, congestion |
Asterisk denotes strength of level
01:35 GMT - Leaning lower from the 1.1710 pin bar highs to pressure support at the 1.1655/50 area. Overbought daily and weekly studies threatens break here to open up room for deeper pullback to correct recent strong gains from 1.1355 late-July low. Lower will see room to strong support at the 1.1600/1.1575 area which should underpin and give way to renewed buying interest later. Meanwhile, resistance remains at the 1.1700 level congestion. Close above here will see room to extend the June gains towards strong resistance at the 1.1740/65 area and the 1.1800 level.