Published: 2025-11-20T01:56:27.000Z
Chart EUR/USD Update: Extending losses, room to 1.1500 next
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Extending pullback from the 1.1650 congestion area and break of the 1.1542 support turn focus to the 1.1500 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1700 | * | congestion | S1 | 1.1500 | * | congestion | |
| 14 | 1.1650 | ** | congestion | S2 | 1.1470 | ** | 5 Nov low | |
| R2 | 1.1600 | * | congestion | S3 | 1.1400 | ** | Jul, Aug lows | |
| R1 | 1.1542 | * | 9, 14 Oct lows | S4 | 1.1300 | * | congestion |
Asterisk denotes strength of level
01:45 GMT - Extending pullback from the 1.1650 congestion area and break of the 1.1542 support turn focus to the 1.1500 level. Below this will see room for retest of the 1.1470 low. Daily studies are tracking lower and keep pressure firmly on the downside. Break of the 1.1470 low, if seen, will extend the broader losses from 1.1918 September YTD high and turn focus to 1.1400 level. Meanwhile, resistance at the 1.1542/1.1600, recent October lows and congestion area, now expected to cap and sustain losses from the 1.1650 swing high.