Published: 2025-06-30T01:26:37.000Z
Chart EUR/USD Update: Consolidating test of 1.1755 resistance
Technical Analyst
1
Consolidating below fresh year high at 1.1754 as prices unwind overbought intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1900/10 | * | congestion, 3 Sep 2021 high | S1 | 1.1631 | * | 12 Jun high | |
| 14 | 1.1850 | * | congestion | S2 | 1.1573 | * | Apr high | |
| R2 | 1.1800 | * | congestion | S3 | 1.1500 | * | congestion | |
| R1 | 1.1755 | * | 22 Sep 2021 high | S4 | 1.1445 | ** | 19 Jun low |
Asterisk denotes strength of level
01:20 GMT - Consolidating below fresh year high at 1.1754 as prices unwind overbought intraday studies. Daily studies are stretched as well but bullish momentum from the 1.1445 support keeps focus firmly on the upside and break above the 1.1755 resistance will further extend the underlying bull trend from September 2022 year low. Clearance will see extension to target the 1.1800 level and 1.1850 congestion. Meanwhile, support is at the 1.1631 and 1.1573, previous highs. Would take break of these to see room for corrective pullback to retest 1.1500 congestion and 1.1445 support.