Published: 2025-07-14T01:43:06.000Z
Chart EUR/USD Update: Extend choppy pullback from 1.1830 high
Technical Analyst
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Pressure remains on the downside as prices extend choppy pullback from the 1.1830 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.900/10 | * | congestion, Sep 2021 high | S1 | 1.1631 | * | 12 Jun high | |
| 14 | 1.1850 | * | congestion | S2 | 1.1573 | ** | Apr high | |
| R2 | 1.1830 | ** | 1 Jul YTD high | S3 | 1.1500 | congestion | ||
| R1 | 1.1750 | * | congestion | S4 | 1.1445 | * | 19 Jun low |
Asterisk denotes strength of level
01:35 GMT - Pressure remains on the downside as prices extend choppy pullback from the 1.1830 high. Negative daily studies weigh and clear break of the 1.1700 level will see room for deeper pullback to strong support at 1.1631 and 1.1573, previous highs. Corrective pullback is expected to give way to renewed buying interest later with resistance at 1.1750 expected to cap. Clearance here will expose the 1.1800 level and 1.1830 high to retest and see scope to extend the broader gains from September 2022 low.