Published: 2026-09-15T01:50:14.000Z
Chart EUR/USD Update: Under pressure
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Consolidation at 1.1575 support has given way to break to extend losses from the 1.1655 swing high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1710 | ** | Aug high | S1 | 1.1500 | * | congestion | |
| R3 | 1.1655 | ** | 30 Apr low | S2 | 1.1482 | ** | 15 Jul high | |
| R2 | 1.1600 | * | congestion | S3 | 1.1450 | * | congestion | |
| R1 | 1.1565/75 | * | 2 Sep low, congestion | S4 | 1.1410 | ** | Mar low |
Asterisk denotes strength of level
01:40 GMT - Consolidation at 1.1575 support has given way to break to extend losses from the 1.1655 swing high of last week. Negative intraday and daily studies keep pressure on the downside with break of the 1.1550 support opening room for further losses to retrace gains from the 1.1325 June low. Lower will see extension to the 1.1500 level and strong support at 1.1482, 15 July high. Meanwhile, resistance at the 1.1575/1.1600 area is expected to cap. Regaining this needed to ease the downside pressure and see room for retest of the 1.1655 swing high.