Published: 2026-04-07T01:37:17.000Z
Chart EUR/USD Update: Consolidating above 1.1500
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Steadied at the 1.1500 level as prices consolidate pullback from the 1.1627 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1700 | * | congestion | S1 | 1.1500 | * | congestion | |
| 14 | 1.1667 | ** | 10 Mar high | S2 | 1.1450 | * | congestion | |
| R2 | 1.1640 | ** | congestion | S3 | 1.1410 | ** | 13 Mar YTD low | |
| R1 | 1.1600 | * | congestion | S4 | 1.1355 | * | 38.2% 2025/Jan rally |
Asterisk denotes strength of level
01:25 GMT - Steadied at the 1.1500 level as prices consolidate pullback from the 1.1627 high of last week. Below this will open up room for retest of support at the 1.1450 congestion and extend choppy trade within a 4-week triangle pattern. Break here and the 13 March YTD low at 1.1410 will extend the broader losses from the 1.2083 January YTD high and further retrace gains from the January 2025 low. Meanwhile, resistance at the 1.1600 level now expected to cap. Only above here will expose strong resistance at 1.1640/1.1667, lower highs to retest.