Published: 2026-03-30T01:47:12.000Z
Chart EUR/USD Update: Consolidating at 1.1500, but still heavy
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Weak start has seen extension to the 1.1485 support before turning up to consolidate at the 1.1500 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1667 | * | 10 Mar high | S1 | 1.1485 | 23 Mar low | ||
| 14 | 1.1640 | ** | 23 Mar high | S2 | 1.1450 | * | congestion | |
| R2 | 1.1600 | * | congestion | S3 | 1.1410 | ** | 13 Mar YTD low | |
| R1 | 1.1550 | * | congestion | S4 | 1.1355 | * | 38.2% 2025/Jan rally |
Asterisk denotes strength of level
01:35 GMT - Weak start has seen extension to the 1.1485 support before turning up to consolidate at the 1.1500 level as intraday studies unwind oversold readings. However, pressure remains on the downside and lower will see room to support at the 1.1450 congestion. Below this will open up room for retest of the 13 March YTD low at 1.1410 where reaction can be expected. Meanwhile, resistance is lowered to the 1.1550/1.1600 congestion area which is expected to cap and sustain losses from the 1.1640/1.1667 recent lower highs.