Published: 2026-06-12T01:52:00.000Z
Chart EUR/USD Update: Retest 1.1575/1.1600 resistance
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Bounce from the 1.1500 level has seen gains to retest resistance at 1.1575
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1685 | * | May high | S1 | 1.1500 | ** | 8 Jun low, congestion | |
| 14 | 1.1655 | ** | Apr low | S2 | 1.1450 | * | congestion | |
| R2 | 1.1600 | ** | congestion | S3 | 1.1410 | ** | 13 Mar YTD low | |
| R1 | 1.1575 | * | 21 May low | S4 | 1.1355 | * | 38.2% 2025/Jan rally |
Asterisk denotes strength of level
01:40 GMT - Bounce from the 1.1500 level has seen gains to retest resistance at 1.1575. Would take break here and the 1.1600 level to ease the downside pressure and see room for stronger gains to retrace the broader losses from the 1.1850 April high to strong resistance at the 1.1655/1.1685, April low and May high. Meanwhile, support is raised to the 1.1550/1.1500 congestion and 8 June low which should underpin. Would take break here to expose support at the 1.1450 congestion and the 1.1410 March current year low to retest.