Published: 2025-12-15T01:36:06.000Z
Chart EUR/USD Update: Room to extend November gains
2
Settled into consolidation from the 1.1763 high as prices unwind overbought intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1918 | ** | 17 Sep YTD high | S1 | 1.1700 | * | congestion | |
| 14 | 1.1900 | * | figure | S2 | 1.1682 | * | 4 Dec high | |
| R2 | 1.1800/30 | ** | congestion, Jul high | S3 | 1.1650 | ** | congestion | |
| R1 | 1.1780 | congestion | S4 | 1.1615/00 | ** | 9 Dec low, congestion |
Asterisk denotes strength of level
01:30 GMT - Settled into consolidation from the 1.1763 high as prices unwind overbought intraday studies. Positive daily and weekly studies suggest scope for further gains later. Higher will see room for extension to strong resistance at the 1.1800/30, congestion and July high. Clearance here will return focus to the 1.1918, September current year high. Meanwhile, support is raised to the 1.1700/1.1682 area which extend to strong support at 1.1650 congestion. This area should underpin and sustain bullish gains from the 1.1470, November low.