Published: 2026-07-08T01:39:58.000Z
Chart EUR/USD Update: Weighing on 1.1410/00 support
-
Leaning lower in consolidation below resistance at 1.1450 and 1.1473 bounce high of last week to pressure the 1.1410/00 support
| 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 - Leaning lower in consolidation below resistance at 1.1450 and 1.1473 bounce high of last week to pressure the 1.1410/00 support. Daily studies have turned mixed and and threatens break here open up room for retest of support at 1.1355 and the 1.1325 June current year low. Below these will further extend losses within the bear channel from the January YTD high and retrace gains from the 2025 year low. Meanwhile, resistance at 1.1450/1.1473 congestion and 2 July high now expected to cap.