Published: 2026-01-27T01:26:29.000Z
Chart EUR/USD Update: Consolidating, but pressure remains on the 1.1900/18 resistance
3
Saw extension above the 1.1900 level before settling into consolidation below resistance at 1.1918
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2100 | * | congestion | S1 | 1.1833 | * | 23 Jan high, gap | |
| 14 | 1.2020 | * | 38.2% 2008/2022 fall | S2 | 1.1808/00 | ** | Dec high, congestion | |
| R2 | 1.2000 | ** | trendline from 2018 | S3 | 1.1750 | * | congestion | |
| R1 | 1.1918 | ** | Sep 2025 year high | S4 | 1.1700/70 | * | congestion, 22 Jan low |
Asterisk denotes strength of level
01:20 GMT - Saw extension above the 1.1900 level before settling into consolidation below resistance at 1.1918, September 2025 year high. Intraday and daily studies are stretched and caution corrective pullback but bullish structure suggest potential for a later break. Clearance will extend the broader gains from 2022 year low and see room to the 1.2000 figure and trendline resistance from the 2018 high. Meanwhile, support is at the 1.1833 Friday's high and gap area and this extend to the 1.1808/00, December high and congestion area, which should underpin corrective pullback.