Published: 2025-11-20T14:37:23.000Z
Chart EUR/JPY Update: Fresh multi-year highs
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Cautious trade above 181.00 has given way to fresh JPY-driven gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.50 | ** | 50% ret of 1979-2000 fall | S1 | 181.00 | * | intraday break level | |
| R3 | 185.00 | * | figure | S2 | 180.00 | ** | historic congestion | |
| R2 | 183.00 | * | figure | S3 | 179.00 | * | break level | |
| R1 | 182.00 | * | historic congestion | S4 | 178.00 | break level |
Asterisk denotes strength of level
14:20 GMT - Cautious trade above 181.00 has given way to fresh JPY-driven gains, with prices currently pressuring historic congestion resistance at 182.00. Overbought intraday studies are unwinding, suggesting potential for consolidation beneath here. But daily readings are positive and broader weekly charts are also rising, highlighting room for a later break and continuation of long-term gains towards 183.00. Meanwhile, a close below 181.00, if seen, would stabilise price action and prompt consolidation above 180.00.