Published: 2025-12-18T01:20:06.000Z
Chart EUR/USD Update: Lower in consolidation from retest of 1.1800
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Lower in consolidation from retest of 1.1800 level as prices unwind the overbought intraday studies to reach the 1.1700 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1200 | * | congestion | S1 | 1.1700 | * | congestion | |
| 14 | 1.1918 | ** | 17 Sep YTD high | S2 | 1.1682 | * | 4 Dec high | |
| R2 | 1.1900 | * | figure | S3 | 1.1650 | ** | congestion | |
| R1 | 1.1800/30 | ** | congestion, Jul high | S4 | 1.1615/00 | ** | 9 Dec low, congestion |
Asterisk denotes strength of level
01:15 GMT - Lower in consolidation from retest of 1.1800 level as prices unwind the overbought intraday studies to reach the 1.1700 level. Daily studies are stretched as well and deeper pullback cannot be ruled out. Would take break of support at the 1.1700/1.1682 area to see room for deeper pullback to 1.1650 congestion and 1.1615, 9 December low. Correction expected to give way to renewed buying interest later to retest resistance at the 1.1800/30 area. Clearance here will return focus to the 1.1918, September current year high.