Published: 2026-03-31T01:45:45.000Z
Chart EUR/USD Update: Consolidating test of 1.1450 congestion
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Consolidating test of support at the 1.1450 congestion as prices unwind oversold intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1640 | ** | 23 Mar high | S1 | 1.1450 | * | congestion | |
| 14 | 1.1600 | * | congestion | S2 | 1.1410 | ** | 13 Mar YTD low | |
| R2 | 1.1550 | * | congestion | S3 | 1.1355 | * | 38.2% 2025/Jan rally | |
| R1 | 1.1500 | * | congestion | S4 | 1.1300 | * | congestion |
Asterisk denotes strength of level
01:40 GMT - Consolidating test of support at the 1.1450 congestion as prices unwind oversold intraday studies. However, pressure remains on the downside from the 1.1640 high of last week and a later break to open up room for retest of the 13 March YTD low at 1.1410 cannot be ruled out. Meanwhile, resistance is lowered to the 1.1500 congestion. Regaining this is needed to ease the downside pressure and see room for stronger bounce to the 1.1500/1.1600 congestion whicch is expected to cap and sustain losses from the 1.1640/1.1667 recent lower highs.