Published: 2025-11-13T01:38:30.000Z
Chart EUR/USD Update: Extend consolidation below 1.1600
1
Little change, as prices extend consolidation below the 1.1600 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1800/30 | ** | congestion, Jul high | S1 | 1.1542 | * | 9, 14 Oct lows | |
| 14 | 1.1700/30 | ** | congestion, 6 Oct high | S2 | 1.1470 | * | 5 Nov low | |
| R2 | 1.1645 | * | 25 Sep low | S3 | 1.1400 | ** | Jul, Aug lows | |
| R1 | 1.1600 | * | congestion | S4 | 1.1350 | * | congestion |
Asterisk denotes strength of level
01:35 GMT - Little change, as prices extend consolidation below the 1.1600 level as prices unwind overbought intraday studies. Positive daily studies suggest consolidation giving way to break later to extend gains from the 1.1470 low to correct losses from above the 1.1700 high. Higher will see room to the resistance at 1.1645 low of 25 September then the 1.1700 level. Meanwhile, support at 1.1542 underpin. Would take break here to see room for retest of the 1.1500/1.1470 support and threaten deeper pullback to 1.1400/1.1390, July/August lows.