Published: 2025-10-07T01:45:41.000Z
Chart EUR/USD Update: Consolidating, but room to further pressure 1.1645 support
4
Little change, after prices failed to sustain break below the 1.1700 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2000 | ** | psychological | S1 | 1.1700 | congestion | ||
| 14 | 1.1918 | ** | 17 Sep YTD high | S2 | 1.1645 | * | 25 Sep low | |
| R2 | 1.1830 | ** | Jul high | S3 | 1.1600 | ** | congestion | |
| R1 | 1.1800 | * | congestion | S4 | 1.1570 | * | congestion |
Asterisk denotes strength of level
01:35 GMT - Little change, after prices failed to sustain break below the 1.1700 level. However, ranging action see scope to further probe the 1.1645 support. Would take break here to further extend losses from the 1.1918, 17 September current year high. Lower will see deeper pullback to retrace the August/September rally to the 1.1600/1.1570 support. Meanwhile, resistance at the 1.1800/30 area is expected to cap. Break needed to return focus to upside for retest 1.1900/18 congestion and September high.