Published: 2026-09-10T01:20:27.000Z
Chart EUR/USD Update: Edging higher
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Edged higher above the 1.1600 level to extend bounce from the 1.1575 support to reach the 1.1655 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1800 | * | congestion | S1 | 1.1600 | * | congestion | |
| R3 | 1.1740/65 | ** | 19, 6 Feb lows | S2 | 1.1575 | ** | May low | |
| R2 | 1.1710 | ** | Aug high | S3 | 1.1550 | * | congestion | |
| R1 | 1.1655 | * | congestion, 30 Apr low | S4 | 1.1500 | * | congestion |
Asterisk denotes strength of level
01:15 GMT - Edged higher above the 1.1600 level to extend bounce from the 1.1575 support to reach the 1.1655 resistance. Daily studies have turned up from oversold areas and suggest scope for break here to clear the way for retest of resistance at the 1.1700/10 congestion and August high. Clearance here, will extend the broader June gains and see scope for extension to strong resistance at 1.1740/65 area and the 1.1800 level. Meanwhile, support is raised to the 1.1600/1.1575 congestion area. Only below here will open up room for deeper pullback to 1.1550/1.1500 area.