Published: 2026-09-18T01:46:54.000Z
Chart EUR/USD Update: Consolidating, but downside still vulnerable
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Edged up from test of support at the 1.1450 congestion as prices unwind oversold intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1655 | ** | 30 Apr low | S1 | 1.1450 | * | congestion | |
| R3 | 1.1600 | * | congestion | S2 | 1.1410/00 | ** | Mar low, congestion | |
| R2 | 1.1575/50 | ** | May low, congestion | S3 | 1.1350 | * | congestion | |
| R1 | 1.1500 | * | congestion | S4 | 1.1325 | ** | 24 Jun YTD low |
Asterisk denotes strength of level
01:40 GMT - Edged up from test of support at the 1.1450 congestion as prices unwind oversold intraday studies. Daily studies are stretched as well and suggest scope for bounce with resistance starting at 1.1500 level. Above here will open up room for stronger gains to strong resistance at the 1.1550/75 area, expected to cap. Clearance here will revive upside focus towards 1.1655 and 1.1710 highs. Break of the 1.1450 support will open up room to for retest of the 1.1410 March low. Below here, if seen, will turn focus to the July low at 1.1350 and 1.1325, June current year low.