Published: 2026-09-09T01:36:56.000Z
Chart EUR/USD Update: Higher in consolidation from 1.1575 support
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Holds a narrow range above the 1.1600 level following bounce from the 1.1575 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1800 | * | congestion | S1 | 1.1575 | ** | May low | |
| R3 | 1.1740/65 | ** | 19, 6 Feb lows | S2 | 1.1550 | * | congestion | |
| R2 | 1.1710 | ** | Aug high | S3 | 1.1500 | * | congestion | |
| R1 | 1.1655 | * | congestion, 30 Apr low | S4 | 1.1482 | ** | 15 Jul high |
Asterisk denotes strength of level
01:35 GMT - Holds a narrow range above the 1.1600 level following bounce from the 1.1575 support. Daily studies have turned up from oversold areas and see room to the 1.1655 resistance. Break here will revive the upside focus and return focus to resistance at the 1.1700/10 congestion and August high. Clearance here, will extend the broader June gains and see scope for extension to strong resistance at 1.1740/65 area and the 1.1800 level. Meanwhile, support remains at the 1.1575/50 congestion area. Only below here will open up room for deeper pullback towards strong support at the 1.1500/1.1482 area.