Published: 2026-05-12T01:19:26.000Z
Chart EUR/USD Update: Range-bound below 1.1800 resistance
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Little change, as prices stays range-bound below resistance at the 1.1800 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1928 | ** | 10 Feb high | S1 | 1.1700 | * | congestion | |
| 14 | 1.1900 | * | congestion | S2 | 1.1675 | * | 200-day MA | |
| R2 | 1.1850 | ** | Apr high, congestion | S3 | 1.1655 | ** | 30 Apr low | |
| R1 | 1.1800 | ** | congestion | S4 | 1.1640 | ** | 23 Mar high |
Asterisk denotes strength of level
01:15 GMT - Little change, as prices stays range-bound below resistance at the 1.1800 congestion. Break here needed to open up room for retest of the 1.1850, April high. Would need to clear these to open up room for stronger gains to retrace the January/March losses and see extension to strong resistance at 1.1900/28 congestion and 10 February high. Meanwhile, support remains at the 1.1720/00 area which should underpin. Only below here will see room for retest of strong support at the 1.1675/1.1655, 200-day MA and 30 April low.