Published: 2026-06-09T01:33:48.000Z
Chart EUR/USD Update: Steadied at 1.1500
2
Turned up from test of the 1.1500 level as prices consolidate sharp losses from the 1.1655/85 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1678/85 | * | 200-day MA, 29 May high | S1 | 1.1500 | ** | congestion | |
| 14 | 1.1655 | ** | 30 Apr low | S2 | 1.1450 | * | congestion | |
| R2 | 1.1600 | congestion | S3 | 1.1410 | ** | 13 Mar YTD low | ||
| R1 | 1.1550/75 | ** | congestion, 21 May low | S4 | 1.1355 | * | 38.2% 2025/Jan rally |
Asterisk denotes strength of level
01:30 GMT - Turned up from test of the 1.1500 level as prices consolidate sharp losses from the 1.1655/85 resistance. However, the downside remains vulnerable and break of the 1.1500 level will see scope to support at the 1.1450 congestion then the 1.1410, March current year low. Lower still, will see scope for extension to fresh year low towards 1.1355, 38.2% Fibonacci level. Meanwhile, resistance is at the 1.1550/75 congestion and this extend to the 1.1600 level. These are expected to cap and sustain the broader losses from the 1.1850 April swing high.