Published: 2025-09-29T00:57:49.000Z
Chart EUR/USD Update: Turned up in range from 1.1645 low
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Turned up in range from the 1.1645 low as prices consolidate losses from the 1.1800/30 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2000 | ** | psychological | S1 | 1.1645 | * | 25 Sep low | |
| 14 | 1.1918 | ** | 17 Sep YTD high | S2 | 1.1600 | ** | congestion | |
| R2 | 1.1800/30 | ** | congestion, Jul high | S3 | 1.1570 | * | congestion | |
| R1 | 1.1726 | * | 22 Sep low | S4 | 1.1500 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Turned up in range from the 1.1645 low as prices consolidate losses from the 1.1800/30 high of last week. Bounce see resistance starting at the 1.1726 recent low. Regaining this will open up room for stronger corrective gains to the 1.1800/30 area which is expected to cap and give way to fresh selling pressure later. Break of the 1.1645 low will open up room for deeper pullback to retrace the August/September rally to the strong support at the 1.1600/1.1570 area. Lower still, if seen, will see scope to 1.1500 congestion.