Published: 2025-11-03T01:33:05.000Z
Chart EUR/USD Update: Still heavy, 1.1500 level at risk
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Prices remain under pressure following break of strong support at 1.1542, 9 October low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1778 | * | 1 Oct high | S1 | 1.1500 | * | congestion | |
| 14 | 1.1700/30 | ** | congestion, 6 Oct high | S2 | 1.1450 | * | congestion | |
| R2 | 1.1645 | * | 25 Sep low | S3 | 1.1400 | ** | Jul, Aug lows | |
| R1 | 1.1600 | * | congestion | S4 | 1.1250 | * | 38.2% Jan/Sep rally |
Asterisk denotes strength of level
01:25 GMT - Prices remain under pressure following break of strong support at 1.1542, 9 October low. Nearby see the 1.1500 level now within reach as prices extend the broader losses from the 1.1918, September current year high. Lower still, will see scope to 1.1450 but focus will turn to the 1.1400, July/August lows. Meanwhile, resistance is lowered to at the 1.1600/1.1645 congestion area. Regaining this needed to fade the downside pressure and open up room for retest of strong resistance at the 1.1700/30 area.