Published: 2025-10-29T01:39:44.000Z
Chart EUR/USD Update: Limited above 1.1645 resistance
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Limited gains above the 1.1645 resistance see prices settling into consolidation here
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1830 | * | Jul high | S1 | 1.1600 | * | congestion | |
| 14 | 1.1800 | ** | congestion | S2 | 1.1542 | ** | 9 Oct low | |
| R2 | 1.1778 | * | 1 Oct high | S3 | 1.1500 | * | congestion | |
| R1 | 1.1700/30 | ** | congestion, 6 Oct high | S4 | 1.1400 | ** | Jul, Aug lows |
Asterisk denotes strength of level
01:30 GMT - Limited gains above the 1.1645 resistance see prices settling into consolidation here. Daily studies have turned positive and suggest room for stronger gains to strong resistance at the 1.1700/30 area. Would take break here to extend the broader gains from the 1.1542 low and see room for extension to the 1.1778 resistance and the strong resistance at 1.1800/30 congestion and July high. Meanwhile, support at the 1.1600/1.1577 area now expected to underpin and sustain bounce from the 1.1542 low.