Published: 2025-09-12T01:39:48.000Z
Chart EUR/USD Update: Higher in choppy trade
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Limited on break of the 1.1700 level with bounce from the 1.1660 sustaining bullish bias from the 1.1400, August low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2000 | ** | psychological | S1 | 1.1700 | * | congestion | |
| 14 | 1.1900/10 | * | congestion, Sep 2021 high | S2 | 1.1660 | * | 11 Sep low | |
| R2 | 1.1830 | ** | 1 Jul YTD high | S3 | 1.1600 | ** | congestion | |
| R1 | 1.1790/00 | * | 24 Jul high, congestion | S4 | 1.1556 | * | 17 Jul low |
Asterisk denotes strength of level
01:30 GMT - Limited on break of the 1.1700 level with bounce from the 1.1660 sustaining bullish bias from the 1.1400, August low. Higher lows from the latter keep pressure on the upside and suggest scope for retest of Tuesday's high at 1.1780. Clearance here will expose the critical resistance at the 1.1790/1.1830 July highs to retest. Break here will extend the broader gains from September 2022 year low. Meanwhile, support at the 1.1700/1.1660 area now underpin and sustain recent bounce from the 1.1600/1.1556 support.