Published: 2025-12-19T01:45:25.000Z
Chart EUR/USD Update: Leaning lower from test of 1.1800
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Leaning lower in consolidation from test of the 1.1800 level as prices unwind the overbought intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1200 | * | congestion | S1 | 1.1700 | * | congestion | |
| 14 | 1.1918 | ** | 17 Sep YTD high | S2 | 1.1682 | * | 4 Dec high | |
| R2 | 1.1900 | * | figure | S3 | 1.1650 | ** | congestion | |
| R1 | 1.1800/30 | ** | congestion, Jul high | S4 | 1.1615/00 | ** | 9 Dec low, congestion |
Asterisk denotes strength of level
01:35 GMT - Leaning lower in consolidation from test of the 1.1800 level as prices unwind the overbought intraday and daily studies to reach the 1.1700 level. Break of support at the 1.1700/1.1682 area will open up room for deeper pullback to strong support at 1.1650 congestion and 1.1615, 9 December low. However, correction is expected to give way to renewed buying interest later to retest the 1.1800 level. Break here and the 1.1830 resistance will clear the way for retest of the 1.1918, September current year high.