Published: 2025-11-26T01:10:14.000Z
Chart EUR/JPY Update: Range-bound in consolidation above 180.00
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Range-bound in consolidation above the 180.00 level as prices unwind overbought daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 185.50 | * | 23 Aug 1990 high | S1 | 180.00 | * | congestion | |
| R3 | 184.00 | * | congestion | S2 | 178.82 | ** | Oct high | |
| R2 | 182.60/00 | * | 21 Aug 1990 low, congestion | S3 | 178.00 | ** | congestion | |
| R1 | 182.00 | ** | 20 Nov YTD high | S4 | 177.00 | congestion |
Asterisk denotes strength of level
01:00 GMT - Range-bound in consolidation above the 180.00 level as prices unwind overbought daily studies. Would take break here to open up room for deeper pullback to retrace recent strong gains from the 176.00 early-November low. Lower will see room to strong support at the 178.82 and 178.00 October highs and congestion area. Meanwhile, resistance at the 182.00 high expected to cap. Would take break here to further extend gains within the bullish channel from the February low and see room for extension to 182.60/183.00 area.