Published: 2026-07-28T01:30:44.000Z
Chart EUR/USD Update: Weighing on 1.1362 support
1
Extending consolidation at the 1.1362 support but pressure remains on the downside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1500 | ** | 8 Jun low | S1 | 1.1362 | * | 1 Jul low | |
| R3 | 1.1482 | * | 15 Jul high | S2 | 1.1325 | ** | 24 Jun YTD low | |
| R2 | 1.1450 | * | congestion | S3 | 1.1300 | * | congestion | |
| R1 | 1.1410 | ** | Mar low | S4 | 1.1275 | * | 2023 year high |
Asterisk denotes strength of level
01:20 GMT - Extending consolidation at the 1.1362 support but pressure remains on the downside and threatens break here to extend losses from the 1.1482 mid-July swing high. Break will see room for retest of the 1.1325 June current year low and see scope to extend the broader losses from the January high towards the 1.1300 figure. Lower still, will see room to support at the 1.1275/1.1200, previous 2023/2024 year highs. Meanwhile, resistance remains at the 1.1410 March low. Would need to regain this to ease the downside pressure and set up scope for retest of resistance at the 1.1450 congestion and 1.1482 high.