Published: 2026-11-10T01:16:45.000Z
Chart EUR/JPY Update: Extending bounce from 176.40/20 area
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Bounce from the 176.40/20 support to regain the 177.00 level see room for extension to resistance at the 178.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 180.00 | ** | figure | S1 | 177.00 | * | congestion | |
| R3 | 179.35 | ** | Aug low | S2 | 176.40/20 | * | congestion, 5 Oct low | |
| R2 | 179.00 | * | congestion | S3 | 176.00 | * | congestion | |
| R1 | 178.00 | ** | congestion | S4 | 175.08 | ** | 30 Oct YTD low |
Asterisk denotes strength of level
01:10 GMT - Bounce from the 176.40/20 support to regain the 177.00 level see room for extension to resistance at the 178.00 level. Clearance here will extend the broader gains from the 175.08 October current year low to retrace losses from the 186.00 high of August. Higher will see room to strong resistance at the 179.00 congestion then the 179.35, August high. Meanwhile, support at the 177.00 congestion and extending to the 176.40/20 area expected to underpin and sustain bounce from the 175.08 double bottom.