Published: 2026-07-07T01:41:20.000Z
Chart EUR/USD Update: Extend consolidation below 1.1450
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Little change, as prices extend consolidation below resistance at 1.1450 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1600 | congestion | S1 | 1.1410/00 | * | Mar low, congestion | ||
| R3 | 1.1550/75 | ** | congestion, May low | S2 | 1.1355 | * | 38.2% 2025/2026 rally | |
| R2 | 1.1500 | ** | 8 Jun low | S3 | 1.1325 | ** | 24 Jun YTD low | |
| R1 | 1.1450 | * | congestion | S4 | 1.1275 | * | 2023 year high |
Asterisk denotes strength of level
01:35 GMT - Little change, as prices extend consolidation below resistance at 1.1450 congestion. However, positive daily studies keep pressure on the upside and break here will further extend the June gains and see room to strong resistance at the 1.1500 level. Clearance here will fade the downside pressure and open up room for stronger recovery to retrace losses from April swing high to the 1.1575 resistance. Meanwhile, support at the 1.1410/00 area should underpin. Failure here will return focus to the downside for retest of 1.1355 support then 1.1325 June current year low.