Published: 2026-07-06T01:39:10.000Z
Chart EUR/USD Update: Consolidating below 1.1450
-
Little change, as prices extend consolidation below resistance at the 1.1450 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1600 | congestion | S1 | 1.1410/00 | * | Mar low, congestion | ||
| R3 | 1.1550/75 | ** | congestion, May low | S2 | 1.1355 | * | 38.2% 2025/2026 rally | |
| R2 | 1.1500 | ** | 8 Jun low | S3 | 1.1325 | ** | 24 Jun YTD low | |
| R1 | 1.1450 | * | congestion | S4 | 1.1275 | * | 2023 year high |
Asterisk denotes strength of level
01:35 GMT - Little change, as prices extend consolidation below resistance at the 1.1450 congestion. Break here is needed to further extend gains from the 1.1325, June current year low. Positive daily studies keep pressure on the upside and clearance will see room to strong resistance at the 1.1500 level. Would take break here to fade the downside pressure and open up room for stronger recovery to retrace losses from April swing high and see extension to 1.1575 resistance. Meanwhile, support at thr 1.1410/00 area should underpin and sustain gains from the 1.1325 low.