Published: 2026-10-26T01:23:05.000Z
Chart EUR/JPY Update: Consolidating at 175.10, fresh year low
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Turned up from the 175.10 fresh year low as prices consolidate sharp losses from the 178.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 179.35 | ** | Aug low | S1 | 175.42 | * | Jul 2024 yr high | |
| R3 | 178.00 | ** | congestion | S2 | 175.10 | * | 23 Oct YTD low | |
| R2 | 177.00 | * | congestion | S3 | 174.00 | * | congestion | |
| R1 | 176.20 | * | 5 Oct low | S4 | 173.00 | * | congestion |
Asterisk denotes strength of level
01:10 GMT - Turned up from the 175.10 fresh year low as prices consolidate sharp losses from the 178.00 resistance. However, the downside remains vulnerable and lower will further extend losses from the 187.95, April current year high. Lower will see room for extension to the 174.00/173.00 congestion area. Meanwhile, resistance remains at the 176.20/177.00, 5 October low and congestion area which are expected to cap. Only above here will ease the downside pressure and see room for consolidation back to the 178.00 resistance.