Published: 2026-07-03T01:45:39.000Z
Chart EUR/USD Update: Extending gains
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No follow-through on break above resistance at the 1.1450 congestion but pressure remains on the upside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1600 | congestion | S1 | 1.1410/00 | * | Mar low, congestion | ||
| R3 | 1.1550/75 | ** | congestion, May low | S2 | 1.1355 | * | 38.2% 2025/2026 rally | |
| R2 | 1.1500 | ** | 8 Jun low | S3 | 1.1325 | ** | 24 Jun YTD low | |
| R1 | 1.1450 | * | congestion | S4 | 1.1275 | * | 2023 year high |
Asterisk denotes strength of level
01:40 GMT - No follow-through on break above resistance at the 1.1450 congestion but pressure remains on the upside and see room to extend gains from the 1.1325, June current year low. Higher will see room to strong resistance at the 1.1500 level. Would take break here to fade the downside pressure and open up room for stronger recovery to retrace losses from April swing high and see extension to 1.1575 resistance. Meanwhile, support is raised to 1.1410/00 area which should underpin and sustain gains from the 1.1325 low.