Published: 2025-11-06T14:17:33.000Z
Chart EUR/JPY Update: Consolidating
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Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation around resistance at 177.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 180.00 | ** | historic congestion | S1 | 176.00 | * | break level | |
| R3 | 178.90 | ** | Sep 1990 high | S2 | 175.00 | * | congestion | |
| R2 | 178.00 | break level | S3 | 174.00 | ** | congestion | ||
| R1 | 177.00 | break level | S4 | 173.25 | ** | 3 Oct high, gap low |
Asterisk denotes strength of level
14:10 GMT - Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation around resistance at 177.00. Daily readings continue to fall, highlighting potential for a pullback. But mixed weekly charts should are expected to limit scope in renewed buying interest/consolidation towards support at 176.00. A close beneath here, however, will add weight to sentiment and open up a test of congestion support at 175.00. Meanwhile, any immediate tests above 177.00 should give way to consolidation beneath 178.00.