Published: 2026-04-15T01:49:39.000Z
Chart EUR/USD Update: Consolidating at 1.1800
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Limited on break of the 1.1800 level as prices consolidate recent strong gains from the 1.1500 low of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1900 | * | congestion | S1 | 1.1750 | * | congestion | |
| 14 | 1.1850 | * | congestion | S2 | 1.1700 | * | congestion | |
| R2 | 1.1825 | * | 61.8% Jan/Mar fall | S3 | 1.1640 | ** | 23 Mar high | |
| R1 | 1.1800 | ** | congestion | S4 | 1.1600 | * | congestion |
Asterisk denotes strength of level
01:45 GMT - Limited on break of the 1.1800 level as prices consolidate recent strong gains from the 1.1500 low of last week and unwind overbought daily studies. However, pressure remains on the upside and higher will see room to the 1.1825, 61.8% Fibonacci level. Clearance here will further retrace the January/March fall and see extension to the 1.1850/1.1900 congestion area. Meanwhile, support is raised to the 1.1750/1.1700 congestion area which should underpin. Only below here will expose strong support at the 1.1640/1.1600, 23 March high and congestion area.