Published: 2026-01-22T01:24:08.000Z
Chart EUR/USD Update: Lower in consolidation
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Settled back from the 1.1768 high as prices unwind overbought intraday studies and consolidate strong gains from the 1.1576 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1918 | ** | Sep 2025 year high | S1 | 1.1650 | * | congestion | |
| 14 | 1.1800/30 | ** | congestion, Jul high | S2 | 1.1600 | * | congestion | |
| R2 | 1.1768 | * | 20 Jan YTD high | S3 | 1.1576 | ** | 19 Jan YTD low | |
| R1 | 1.1700 | congestion | S4 | 1.1550 | * | congestion |
Asterisk denotes strength of level
01:20 GMT - Settled back from the 1.1768 high as prices unwind overbought intraday studies and consolidate strong gains from the 1.1576 low. However, corrective pullback is expected to give way to renewed buying pressure later. Above the 1.1768 high will see room to retest the 1.1800 level and where break will further extend the November gains. Above 1.1800/30 resistance will return focus to the 1.1918, September 2025 year high. Meanwhile, support is lowered to the 1.1650 level which should underpin and sustain bounce from the 1.1576, current year low.