Published: 2026-02-13T08:39:01.000Z
Chart EUR/USD Update: Cautious trade - studies under pressure
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Little change, as prices extend cautious trade above support at 1.1838
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2082 | ** | 27 Jan YTD high | S1 | 1.1838 | * | 4 Feb high | |
| R3 | 1.2000/20 | ** | figure; 38.2% ret | S2 | 1.1800 | * | congestion | |
| R2 | 1.1950 | break level | S3 | 1.1770 | ** | 61.8% ret of January rally | ||
| R1 | 1.1900 | * | congestion | S4 | 1.1750 | ** | congestion |
*Asterisk denotes strength of level
08:30 GMT - Little change, as prices extend cautious trade above support at 1.1838. Intraday studies are under pressure and daily readings have turned lower, highlighting room for further losses in the coming sessions. A break below 1.1838 will open up congestion support at 1.1800. But rising weekly charts should limit any immediate tests beneath here in consolidation above the 1.1770 Fibonacci retracement. Meanwhile, resistance remains at congestion around 1.1900. A close above here, if seen, would help to stabilise price action and prompt consolidation beneath 1.1950.