Published: 2026-10-14T01:51:56.000Z
Chart EUR/USD Update: Turned up from fresh year low
1
Reached fresh low at 1.1152 before turning higher to resistance at the 1.1200 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1350 | * | congestion | S1 | 1.1152 | ** | 13 Oct YTD low | |
| R3 | 1.1325 | ** | Jun low | S2 | 1.1130 | * | 50% 2025/2026 rally | |
| R2 | 1.1250/85 | * | congestion, 2 Oct high | S3 | 1.1100 | * | congestion | |
| R1 | 1.1200 | * | congestion | S4 | 1.1065 | * | May 2025 low |
Asterisk denotes strength of level
01:45 GMT - Reached fresh low at 1.1152 before turning higher to resistance at the 1.1200 level. Daily studies remains oversold but bullish divergence suggest scope for stronger bounce to retrace losses from the 1.1710, August high. Regaining the 1.1200 level will open up room towards resistance at the 1.1250/85 area. Higher still, will see scope to strong resistance at the 1.1325 June low where reaction can be expected. Meanwhile, support at the 1.1152 low should underpin. Below here, if seen, will further retrace gains from the January 2025 year low and see room to 1.1130, 50% Fibonacci retracement.