Published: 2026-08-07T01:48:45.000Z
Chart EUR/USD Update: Range-bound
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Little change, as prices extending consolidation within the 1.1560/1.1500 Monday's range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1685 | ** | 29 May high | S1 | 1.1500 | * | congestion | |
| R3 | 1.1655 | ** | 30 Apr low | S2 | 1.1482 | ** | 15 Jul high | |
| R2 | 1.1600 | * | congestion | S3 | 1.1450 | * | congestion | |
| R1 | 1.1575 | ** | Jan, May lows | S4 | 1.1410 | * | Mar low |
Asterisk denotes strength of level
01:40 GMT - Little change, as prices extending consolidation within the 1.1560/1.1500 Monday's range. Daily studies are overbought and suggest further ranging action here with scope for corrective pullback. Below the 1.1500 level will see room to strong support at the 1.1582 mid-July low which is expected to underpin. Break here will open up room for deeper corrective pullback to 1.1450 and 1.1410 support. Would take break above 1.1560 and 1.1575 resistance to open up room for stronger gains to retrace April/June losses to the 1.1600 congestion and 1.1655/1.1685 area.