Published: 2025-06-26T07:42:54.000Z
Chart EUR/SEK Update: Extending pullback from 11.1780 high
Technical Analyst
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Leaning lower to extend pullback from Monday's 11.1780 high as prices retrace rally from the 10.8000 May low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 11.2400 | ** | Apr high | S1 | 11.0000 | * | congestion | |
| R3 | 11.2000 | * | congestion | S2 | 10.9000 | * | 12 Jun low | |
| R2 | 11.1780 | ** | 23 Jun high | S3 | 10.8000 | ** | congestion, May low | |
| R1 | 11.1000 | * | congestion | S4 | 10.6625 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
07:35 GMT - Leaning lower to extend pullback from Monday's 11.1780 high as prices retrace rally from the 10.8000 May low. Prices are unwinding the overbought daily studies and nearby see room to support at the 11.0000 congestion. Break here will see room for deeper pullback to 10.9000 congestion. Below the latter will return focus to the 10.8000, May low. Meanwhile, resistance is lowered to 11.1000 congestion which is expected to cap and sustain pullback from the 11.1780 high. Only above this and 11.2400 resistance will see bulls reasserting.