Published: 2026-08-17T01:55:16.000Z
Chart EUR/USD Update: Pressuring 1.1575/1.1600 area
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Consolidation below the 1.1575 resistance see prices back to pressure the upside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1750 | * | congestion | S1 | 1.1550 | * | congestion | |
| R3 | 1.1685 | * | 29 May high | S2 | 1.1500 | * | congestion | |
| R2 | 1.1655 | ** | 30 Apr low | S3 | 1.1482 | ** | 15 Jul high | |
| R1 | 1.1600 | * | congestion | S4 | 1.1450 | * | congestion |
Asterisk denotes strength of level
01:45 GMT - Consolidation below the 1.1575 resistance see prices back to pressure the upside. Daily and weekly studies are tracking higher and break here will see room to extend the June current year low at 1.1325. Clearance will see room to target the 1.1600 level but focus will turn to strong resistance at the 1.1655/1.1685 area and the 1.1700 level. Meanwhile, support is raised to the 1.1550 congestion. Only below here will see prices settling back in consolidation with strong support at the 1.150/1.1482 area expected to limit corrective pullback.