Published: 2025-12-30T10:18:09.000Z
Chart EUR/JPY Update: Leaning lower
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Cautious trade around 184.00 is giving way to a drift lower
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.60 | ** | August 1990 high | S1 | 183.00 | * | break level | |
| R3 | 187.35 | ** | 50% ret of 1979-2000 fall | S2 | 182.00 | * | break level | |
| R2 | 186.00 | * | figure | S3 | 181.00 | ** | congestion | |
| R1 | 185.00 | * | figure | S4 | 180.00 | ** | historic congestion |
Asterisk denotes strength of level
10:10 GMT - Cautious trade around 184.00 is giving way to a drift lower, as intraday studies remain under pressure, with prices currently balanced around 183.50. Daily readings have turned bearish and broader weekly charts are under pressure, pointing to room for still deeper losses. Support is at 183.00. A break beneath here will add weight to sentiment and open up support at 182.00. Meanwhile, a close above 185.00 is needed to turn sentiment positive and extend long-term gains towards the 187.35 historic Fibonacci retracement and the 187.60 high of August 1990.