Published: 2025-09-25T01:37:29.000Z
Chart EUR/USD Update: Weighing on 1.1730/00 support
0
-
Leaning lower from the 1.1800/30 resistance to pressure support at the 1.1730/00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2020 | * | 38.2% 2008/2022 fall | S1 | 1.1700 | * | congestion | |
| 14 | 1.2000 | ** | psychological | S2 | 1.1660 | * | 11 Sep low | |
| R2 | 1.1918 | ** | 17 Sep YTD high | S3 | 1.1600 | ** | congestion | |
| R1 | 1.1800/30 | * | congestion, Jul high | S4 | 1.1556 | * | 17 Jul low, congestion |
Asterisk denotes strength of level
01:25 GMT - Leaning lower from the 1.1800/30 resistance to pressure support at the 1.1730/00 area. Break here will extend losses from the 1.1918 current year high to retrace gains from the 1.1400, August low. Lower will open up room for deeper pullback to strong support at the 1.1600/1.1560 area. Meanwhile, resistance at the 1.1800/30 area expected to cap. Would take break here to fade the downside pressure and return focus to the 1.1918 high and see room for extension to 1.2000 psychological level and 1.2020, 38.2% Fibonacci level.