Published: 2026-02-19T01:42:58.000Z
Chart EUR/USD Update: Under pressure, 1.1770 support at risk
1
Break of the 1.1800 level threatens retest of strong support at 1.1770, 61.8% Fibonacci level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2083 | ** | 27 Jan YTD high | S1 | 1.1770 | ** | 20 Jan high, 61.8% | |
| 14 | 1.2000 | * | congestion | S2 | 1.1700 | * | congestion | |
| R2 | 1.1900/20 | ** | congestion, 2025 yr high | S3 | 1.1650 | * | congestion | |
| R1 | 1.1850 | * | congestion | S4 | 1.1576 | ** | 19 Jan YTD low |
Asterisk denotes strength of level
01:35 GMT - Break of the 1.1800 level see prices extending rejection from the 1.1920 resistance and threatens retest of strong support at 1.1770, 61.8% Fibonacci level. Break here will extend losses from the 1.2083 January current year high and open up room for deeper pullback to support at the 1.1700 congestion. Below this will turn focus to the 1.1600/1.1576, congestion and 19 January YTD low. Meanwhile, resistance is at the 1.1830/50 July high and congestion area is expected to cap. Only regaining this will expose strong resistance at the 1.1900/20 level and September 2025 year high to retest.