Published: 2025-11-10T14:05:48.000Z
Chart EUR/JPY Update: Higher in range
6
Cautious trade has given way to steady gains in both EUR- and JPY-driven trade
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 181.00 | * | historic congestion | S1 | 177.00 | break level | ||
| R3 | 180.00 | ** | historic congestion | S2 | 176.00 | * | break level | |
| R2 | 178.90 | ** | Sep 1990 high | S3 | 175.00 | * | congestion | |
| R1 | 178.00 | break level | S4 | 174.00 | ** | congestion |
Asterisk denotes strength of level
13:55 GMT - Cautious trade has given way to steady gains in both EUR- and JPY-driven trade, with prices currently consolidating the test above resistance at 178.00. Daily readings have turned mixed and broader weekly charts remain mixed, highlighting a cautious tone. Resistance remains up to the 178.90 high of September 1990. A close above here will turn sentiment positive and extend long-term gains initially towards historic congestion around 180.000. Meanwhile, support is raised to 177.00 and should underpin any immediate setbacks.