Published: 2026-07-22T07:49:18.000Z
Chart EUR/USD Update: Pressuring 1.1400 - studies under pressure
1
Little change, as prices extend cautious trade following the retest of congestion support at 1.1400
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1550 | * | congestion | S1 | 1.1400 | * | congestion | |
| R3 | 1.1500 | ** | congestion | S2 | 1.1377 | * | 13 Jul (w) low | |
| R2 | 1.1482 | ** | 15 Jul (w) high | S3 | 1.1355 | ** | 38.2% ret of 2025-2026 rally | |
| R1 | 1.1450 | * | congestion | S4 | 1.1325 | ** | 24 Jun YTD low |
*Asterisk denotes strength of level
08:30 BST - Little change, as prices extend cautious trade following the retest of congestion support at 1.1400. Daily stochastics are falling and the daily Tension Indicator is coming under pressure, suggesting room for a break below 1.1400 towards the 1.1377 weekly low of 13 July. However, deteriorating weekly charts highlight potential for still deeper losses towards strong support at the 1.1325 current year low of 24 June. Meanwhile, resistance remains at congestion around 1.1450. Any immediate tests above here should fade into consolidation beneath the 1.1482 weekly high of 15 July.