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Published: 2025-09-19T01:43:33.000Z

Chart EUR/USD Update: Extending pullback from 1.1918 high

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Extending pullback from fresh year high at 1.1918 as prices unwind overbought intraday and daily studies

 LevelsImpComment  LevelsImpComment
R41.2020*38.2% 2008/2022 fall S11.1743**Aug high
141.2000**psychological S21.1700*congestion                        
R21.1900/10*congestion, Sep 2021 high S31.1660*11 Sep low
R11.1800/30*congestion, Jul high S41.1600**congestion

Asterisk denotes strength of level

01:35 GMT - Extending pullback from fresh year high at 1.1918 as prices unwind overbought intraday and daily studies. Break of the 1.1800/1.1780 see room for deeper pullback to correct gains from the 1.1400, August low. Lower will see room to the 1.1743/00 area which is expected to underpin. Failure here, if seen, will open up room for retest of the 1.1660/00 area. Corrective pullback is expected to give way to renewed buying interest later, above 1.1800 will return focus to 1.1900/10 resistance.

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Topics
EUR/USD-TA
DM-Technical
Technical Analysis

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