Published: 2025-10-13T01:53:35.000Z
Chart EUR/USD Update: Range-bound in consolidation from 1.1542 low
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Range-bound in consolidation from test of support at the 1.1570/50 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1830 | * | Jul high | S1 | 1.1570 | * | Apr high | |
| 14 | 1.1800 | ** | congestion | S2 | 1.1550 | * | congestion | |
| R2 | 1.1700 | * | congestion | S3 | 1.1500 | * | congestion | |
| R1 | 1.1645 | ** | 25 Sep low | S4 | 1.1400/91 | ** | Jul, Aug lows |
Asterisk denotes strength of level
01:45 GMT - Range-bound in consolidation from test of support at the 1.1570/50 congestion. Bounce here see prices unwind oversold intraday and daily studies but this is expected to give way to renewed selling pressure later. Lower will see room for extension to the 1.1500 level. Meanwhile, resistance at the 1.1645 low of 25 September is expected to cap and sustain losses from the 1.1918 high. Only regaining this will ease the downside pressure and see room for retest of 1.1700 level and 1.1778, 1st October swing high.