Published: 2026-10-28T01:55:47.000Z
Chart EUR/USD Update: Under pressure, 1.1115 low at risk
1
Break of support at the 1.1200/1.1150 congestion area see prices extending rejection from the 1.1275 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1325 | ** | Jun low | S1 | 1.1115 | ** | 14 Oct YTD low | |
| R3 | 1.1275 | ** | 2023 year low | S2 | 1.1100 | * | congestion | |
| R2 | 1.1200 | * | congestion | S3 | 1.1065 | * | May 2025 low | |
| R1 | 1.1150 | * | congestion | S4 | 1.1000 | ** | figure, congestion |
Asterisk denotes strength of level
01:50 GMT - Break of support at the 1.1200/1.1150 congestion area see prices extending rejection from the 1.1275 resistance as prices unwind overbought daily studies. Focus return to the 1.1115 low and break here and the 1.1100 congestion will extend the broader losses from 1.2083, January current year high. Lower will see room to support at 1.1065, May 2025 low. Meanwhile, resistance is lowered to the 1.1150/1.1200 congestion area which is expected to cap. Would need to regain these to open up strong resistance at 1.1275 to retest.