Published: 2026-03-20T01:47:16.000Z
Chart EUR/USD Update: Higher in consolidation
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Bounce from the 1.1443 low see prices extending choppy trade from the 1.1410 low to reach resistance at the 1.1600 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1742/65 | ** | 19, 6 Feb lows | S1 | 1.1500 | * | congestion | |
| 14 | 1.1700 | * | congestion | S2 | 1.1443 | * | 19 Mar low | |
| R2 | 1.1667 | ** | 10 Mar high | S3 | 1.1410 | ** | 13 Mar YTD low | |
| R1 | 1.1600 | * | congestion | S4 | 1.1355 | * | 38.2% 2025/Jan rally |
Asterisk denotes strength of level
01:40 GMT - Bounce from the 1.1443 low see prices extending choppy trade from the 1.1410 low to reach resistance at the 1.1600 level. Daily studies have turned up to unwind oversold readings and suggest room for stronger stronger gains the 1.1667 resistance. Higher still, if seen, will see room to strong resistance to the 1.1742/65 February lows which is expected to cap. Meanwhile, support is raised to the 1.1500 congestion which should underpin. Break here will return focus to the downside for retest of the 1.1443/10 lows and see room for extension to 1.1355, 38.2% Fibonacci level.