Published: 2025-03-26T14:45:21.000Z
Chart EUR/JPY Update: Cautious trade
Senior Technical Strategist
2
Anticipated losses have not been seen
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 166.00 | ** | break level | S1 | 162.00 | * | congestion | |
| R3 | 165.00 | ** | break level | S2 | 161.00 | break level | ||
| R2 | 164.00 | ** | break level | S3 | 160.00 | * | congestion | |
| R1 | 163.20 | intraday lows | S4 | 159.00 | * | break level |
Asterisk denotes strength of level
14:25 GMT - Anticipated losses have not been seen, as cautious trade gives way to a fresh break above 162.00 and consolidation around 162.45. Resistance is at 163.20, but negative daily readings are expected to limit any initial tests in further consolidation. Meanwhile, rising weekly charts should limit any fresh tests below 162.00 in buying interest towards 161.00.