Published: 2025-06-27T07:45:16.000Z
Chart EUR/USD Update: Balanced beneath fresh year high - studies rising
Senior Technical Strategist
2
Little change, as mixed/negative intraday studies keep near-term sentiment cautious
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1900 | * | congestion | S1 | 1.1600 | * | congestion | |
| R3 | 1.1800 | * | congestion | S2 | 1.1500 | * | congestion | |
| R2 | 1.1745 | 26 Jun YTD high | S3 | 1.1446 | * | 19 Jun (w) low | ||
| R1 | 1.1700 | * | congestion | S4 | 1.1400 | * | congestion |
*Asterisk denotes strength of level
08:35 BST - Little change, as mixed/negative intraday studies keep near-term sentiment cautious and prompt consolidation beneath the 1.1745 current year high of 26 June. Daily readings continue to track higher and broader weekly charts are improving, highlighting room for still further gains in the coming sessions. A close above 1.1700 will extend broad September 2022 gains towards further congestion around 1.1800, with potential for continuation towards 1.1900. Meanwhile, support remains at congestion around 1.1600, and should underpin any immediate setbacks.