Published: 2026-02-23T01:54:38.000Z
Chart EUR/USD Update: Back to consolidate above 1.1800
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No follow-through on break of the 1.1770 support and bounce from the 1.1742 low see prices back to the retest resistance at the 1.1830/50 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2083 | ** | 27 Jan YTD high | S1 | 1.1770 | * | congestion | |
| 14 | 1.2000 | * | congestion | S2 | 1.1700 | * | congestion | |
| R2 | 1.1900/20 | ** | congestion, 2025 yr high | S3 | 1.1650 | * | congestion | |
| R1 | 1.1850 | * | congestion | S4 | 1.1576 | ** | 19 Jan YTD low |
Asterisk denotes strength of level
01:45 GMT - No follow-through on break of the 1.1770 support and bounce from the 1.1742 low to regain the 1.1800 level see prices back to retest resistance at the 1.1830/50 congestion. Clearance here will ease the downside pressure and expose strong resistance at the 1.1900/20 level and September 2025 year high to retest. Meanwhile, support at the 1.1770/42 congestion and low of last week should now underpin. Would take break here to further extend losses from the 1.2083, January current year high.