Published: 2026-09-23T01:51:31.000Z
Chart EUR/USD Update: Under pressure
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Consolidation above the 1.1450 support has given way to break to extend losses from the August high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1575 | ** | May low, congestion | S1 | 1.1410/00 | ** | Mar low, congestion | |
| R3 | 1.1550 | * | congestion | S2 | 1.1350 | * | congestion | |
| R2 | 1.1500 | * | congestion | S3 | 1.1325 | ** | 24 Jun YTD low | |
| R1 | 1.1450 | * | congestion | S4 | 1.1275 | ** | Jul 2023 yr high |
Asterisk denotes strength of level
01:45 GMT - Consolidation above the 1.1450 support has given way to break to extend losses from the August high. Daily studies are stretched but pressure remains firmly on the downside and see scope to retest the 1.1410, March low. Below here will see potential back to 1.1350 congestion then the July current year low at 1.1325. Meanwhile, resistance is lowered to 1.1450/1.1500 congestion area which is expected to cap corrective bounce. Only above here will ease the downside pressure and see room for stronger gains to retrace losses from August high.