Published: 2026-06-22T07:48:35.000Z
Chart EUR/USD Update: Leaning lower
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Cautious trade is giving way to anticipated selling interest
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1650 | * | congestion | S1 | 1.1450 | * | congestion | |
| R3 | 1.1600 | ** | congestion | S2 | 1.1400/10 | ** | congestion; 13 Mar YTD low | |
| R2 | 1.1550 | * | congestion | S3 | 1.1355 | ** | 38.2% ret of 2025-2026 rally | |
| R1 | 1.1500 | ** | congestion | S4 | 1.1300 | ** | congestion |
*Asterisk denotes strength of level
08:35 BST - Cautious trade is giving way to anticipated selling interest, with prices currently testing levels just beneath congestion support at 1.1450. Daily readings are under pressure and broader weekly charts are also falling, highlighting room for fresh losses in the coming sessions. A break below critical support at congestion around 1.1400 and the 1.1410 current year low of 13 March will add weight to sentiment and extend January losses initially to the 1.1355 Fibonacci retracement. Meanwhile, resistance remains up to congestion around 1.1500 and should cap any immediate tests higher.