Published: 2025-07-10T07:39:45.000Z
Chart EUR/SEK Update: Room to extend pullback from 11.2750 high
Technical Analyst
1
Steadied at support at the 11.1400 congestion as prices consolidate losses from the 11.2750 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 11.3000 | * | congestion | S1 | 11.1400 | * | congestion | |
| R3 | 11.2750 | ** | 7 Jul high | S2 | 11.1000 | * | congestion | |
| R2 | 11.2400 | * | Apr high | S3 | 11.0000 | ** | Dec low, congestion | |
| R1 | 11.2000 | * | congestion | S4 | 10.9000 | * | 12 Jun low |
Asterisk denotes strength of level
07:35 GMT - Steadied at support at the 11.1400 congestion as prices consolidate losses from the 11.2750 high. Daily studies are unwinding overbought readings and suggest room for deeper pullback to retrace rally from the 10.8000, May low. Lower will see room to support at the 11.1000 congestion then the 11.0000, December low, which is expected to underpin. Break here will return focus to the 11.9000/11.8000 congestion and May low. Meanwhile, resistance is at the 11.2000 congestion which is expected to cap and sustain losses from the 11.2400/11.2750 highs.