Published: 2026-06-05T01:43:07.000Z
Chart EUR/USD Update: Weighing on 1.1600 support
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Little change, as prices weighs on the 1.1600 level following pullback from resistance at the 1.1655/80 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1750/65 | * | congestion, 6 Feb low | S1 | 1.1600 | * | congestion | |
| 14 | 1.1700 | * | congestion | S2 | 1.1575 | ** | May low | |
| R2 | 1.1680 | * | 200-day MA | S3 | 1.1550/00 | ** | congestion | |
| R1 | 1.1655 | ** | 30 Apr low | S4 | 1.1450 | congestion |
Asterisk denotes strength of level
01:35 GMT - Little change, as prices weighs on the 1.1600 level following pullback from resistance at the 1.1655/80 area. Lower will expose the 1.1575 May low to retest and where break will open up room for deeper pullback to retrace the March/April rally to strong support at the 1.1550/00 congestion area. Below here will return focus to 1.1410 March YTD low. Meanwhile, resistance at 1.1655/80 area expected to cap and sustain bearish extension from the 1.1850 April high and the broader losses from the 1.2083 January current year high.