Published: 2026-07-10T01:34:13.000Z
Chart EUR/USD Update: Higher to pressure 1.1450
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Chopping higher in consolidation as prices extend bounce from the 1.1325 low to pressure resistance at 1.1450 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1600 | congestion | S1 | 1.1410/00 | * | Mar low, congestion | ||
| R3 | 1.1550/75 | ** | congestion, May low | S2 | 1.1355 | * | 38.2% 2025/2026 rally | |
| R2 | 1.1500 | ** | 8 Jun low | S3 | 1.1325 | ** | 24 Jun YTD low | |
| R1 | 1.1450 | * | congestion | S4 | 1.1275 | * | 2023 year high |
Asterisk denotes strength of level
01:30 GMT - Chopping higher in consolidation as prices extend bounce from the 1.1325 low to pressure resistance at 1.1450 congestion. Break here and then 1.1473 high of last week will open up room for stronger gains to retrace losses from the April swing high. Clearance will see room to strong resistance at 1.1500 congestion and low of 8 June. Higher still, will see scope to 1.1575 May low and 1.1600 congestion. Meanwhile, support remains at the 1.1410/00 area which is expected to underpin and sustain bounce from the 1.1325 June current year low.