Published: 2026-08-13T01:52:23.000Z
Chart EUR/USD Update: Lower in consolidation beneath 1.1575
1
Leaning lower in range following test of the 1.1575 resistance as prices unwing overbought daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1685 | ** | 29 May high | S1 | 1.1500 | * | congestion | |
| R3 | 1.1655 | ** | 30 Apr low | S2 | 1.1482 | ** | 15 Jul high | |
| R2 | 1.1600 | * | congestion | S3 | 1.1450 | * | congestion | |
| R1 | 1.1575 | ** | Jan, May lows | S4 | 1.1410 | * | Mar low |
Asterisk denotes strength of level
01:45 GMT - Leaning lower in range following test of the 1.1575 resistance as prices unwing overbought daily studies. Pullback see support at the starting at 1.1515 and extending to the 1.1500/1.1482 area which is expected to underpin. Failure here will open up room for deeper corrective pullback to congestive support at 1.1450 and the 1.1410 March low. Consolidation is expected to give way to fresh gains later and clearing the 1.1575 resistance will see room for extension to the 1.1600 congestion. Higher still, will turn focus to strong resistance at the 1.1655/1.1685 area.