Published: 2025-10-22T01:43:44.000Z
Chart EUR/USD Update: Under pressure
1
Break of the 1.1645 support see prices extend pullback from the 1.1728 high to reach support at the 1.1600 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1800 | ** | congestion | S1 | 1.1600 | * | congestion | |
| 14 | 1.1778 | * | 1 Oct high | S2 | 1.1542 | ** | 9 Oct low | |
| R2 | 1.1700/28 | * | congestion, 17 Oct high | S3 | 1.1500 | * | congestion | |
| R1 | 1.1645 | * | 25 Sep low | S4 | 1.1400 | ** | Jul, Aug lows |
Asterisk denotes strength of level
01:40 GMT - Break of the 1.1645 support see prices extend pullback from the 1.1728 high to reach support at the 1.1600 congestion. Negative daily and weekly studies keep pressure on the downside and break here will turn focus to the 1.1542 lows. Below this will see room for deeper pullback to retrace the January/September rally and see extension to the 1.1500 congestion. Meanwhile, resistance is lowered to 1.1645 which is expected to cap and sustain pullback from the 1.1728 high and the broader bearish structure from 1.1918, September current year high.