Published: 2026-02-06T01:02:14.000Z
Chart EUR/USD Update: Under pressure
1
Weighing on the 1.1770 support and threatens break here to extend losses from the 1.2083 January current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2083 | ** | 27 Jan YTD high | S1 | 1.1770 | * | 20 Jan high, 61.8% | |
| 14 | 1.2000 | * | congestion | S2 | 1.1700 | * | congestion | |
| R2 | 1.1900/20 | ** | congestion, 2025 yr high | S3 | 1.1650 | * | congestion | |
| R1 | 1.1850 | * | congestion | S4 | 1.1576 | ** | 19 Jan YTD low |
Asterisk denotes strength of level
01:00 GMT - Weighing on the 1.1770 support and threatens break here to extend losses from the 1.2083 January current year high. Lower will open up room for deeper pullback to support at the 1.1700 congestion. Below this will turn focus to the 1.1600/1.1576, congestion and 19 January YTD low. Meanwhile, resistance is at the 1.1850 congestion which extend to the 1.1900/20 figure and September 2025 year high. Would need to clear these to revive the upside focus and open up room for retest of the 1.2000 figure and 1.2083 high.