Published: 2026-07-23T01:28:13.000Z
Chart EUR/USD Update: Consolidating at 1.1410/00 support
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Consolidating test of the 1.1410/00 support as prices unwind oversold intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1550/75 | ** | congestion, May low | S1 | 1.1410/00 | * | Mar low, congestion | |
| R3 | 1.1500 | ** | 8 Jun low | S2 | 1.1378 | * | 13 Jul low | |
| R2 | 1.1482 | * | 15 Jul high | S3 | 1.1325 | ** | 24 Jun YTD low | |
| R1 | 1.1450 | * | congestion | S4 | 1.1300 | * | congestion |
Asterisk denotes strength of level
01:25 GMT - Consolidating test of the 1.1410/00 support as prices unwind oversold intraday studies. However, bearish bias see risk for break here to see extension to 1.1378 support. Below here will open up the 1.1325 June current year low to retest and threaten extension of the broader losses from the January high. Meanwhile, resistance remains at the 1.1450 congestion and extending to 1.1482 high. Would take break here to turn focus higher to retrace losses from the 1.1850 April swing high.