Published: 2025-12-19T01:07:58.000Z
Chart EUR/JPY Update: Settled back from retest of 183.15 high
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Settled back in consolidation from retest of the 183.15, 12 December current year
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 181.50 | * | congestion | |
| R3 | 186.00 | * | congestion | S2 | 180.00 | ** | congestion | |
| R2 | 185.00 | * | congestion | S3 | 178.82/00 | ** | Oct highs | |
| R1 | 183.15 | ** | 12 Dec YTD high | S4 | 176.00 | * | congestion |
Asterisk denotes strength of level
01:00 GMT - Settled back in consolidation from retest of the 183.15, 12 December current year. However, bullish structure suggest scope for break here to extend the underlying bull trend from the February YTD low. Clearance, will see extension to fresh multi-year high at the 185.00/186.00 congestion from August 1990. Meanwhile, support remains at the 182.00/181.50 area and only break here will open up room for deeper pullback to the strong support at the 180.00 level. Below the latter will fade the upside pressure and see room for extension to support at the 178.82/178.00, October highs.