Published: 2025-09-15T01:44:21.000Z
Chart EUR/USD Update: Extending bullish bias from August low
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Limited above the 1.1700 level but bounce from the 1.1660 low last week see prices 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
01:35 GMT - Limited above the 1.1700 level but bounce from the 1.1660 low last week see prices 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 the 1.1780 high of last week then the critical 1.1790/1.1830 July highs. 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.