Published: 2026-02-05T01:08:53.000Z
Chart EUR/USD Update: Extend consolidation above 1.1770 support
1
Little change, as prices extend consolidation at the 1.1800 level above the 1.1770 support
| 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
01:00 GMT - Little change, as prices extend consolidation at the 1.1800 level above the 1.1770 support. The resulting pennant pattern threatens break here to further extend losses from the 1.2083 January current year high. Lower will open up room for deeper pullback to support at the 1.1700 congestion. Meanwhile, resistance is at the 1.1850 congestion then the 1.1900/20 level and September 2025 year high. Would need to clear these to revive the upside focus and open up room for retest of the 1.2000 figure and 1.2083 high.