Published: 2026-05-22T01:10:19.000Z
Chart EUR/USD Update: Still limited below the 1.1600 level
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Still heavy, but prices remains unable to sustain probes below the 1.1600 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1800 | ** | congestion | S1 | 1.1600 | * | congestion | |
| 14 | 1.1750 | * | congestion | S2 | 1.1575/50 | * | congestion | |
| R2 | 1.1700 | * | congestion | S3 | 1.1500 | ** | congestion | |
| R1 | 1.1655 | ** | 30 Apr low | S4 | 1.1450 | congestion |
Asterisk denotes strength of level
01:00 GMT - Still heavy, but prices remains unable to sustain probes below the 1.1600 level. Close below this will extend losses from the April high and see room for extension to support at the 1.1575/50 congestion area. Lower still, if seen, will see room to the 1.1500 support. Meanwhile, resistance is at the 1.1655 low of 30 April which extend to the 1.1700 level. Would need to regain this to revive upside focus and clear the way for retest of resistance at the 1.1750/1.1800 congestion area then the 1.1850 April high.