Published: 2025-03-26T01:54:14.000Z
Chart EUR/USD Update: Leaning lower
Technical Analyst
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Leaning lower on break of the 1.0800 level as prices extend pullback from the 1.0950 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.1000 | ** | Sep low | S1 | 1.0760 | * | Oct low | |
| R3 | 1.0950 | ** | Jul high, congestion | S2 | 1.0700 | * | congestion | |
| R2 | 1.0900 | * | congestion | S3 | 1.0665 | ** | Jun low | |
| R1 | 1.0822 | * | 13 Mar low | S4 | 1.0600 | ** | congestion |
Asterisk denotes strength of level
01:45 GMT - Leaning lower on break of the 1.0800 level as prices extend pullback from the 1.0950 resistance. Negative daily studies continues to weighs and nearby see room to the 1.0760 support. Lower still, if seen, will see deeper pullback to correct strong gains from the 1.0360, 28 February low, to the 1.0700 congestion. Losses are seen corrective and expected to give way to fresh buying interest later. Meanwhile, resistance is lowered to 1.0822 previous low and regaining this will open up the 1.0900 level and 1.0950 high to retest.