Published: 2025-12-11T14:04:51.000Z
Chart EUR/JPY Update: Consolidating beneath fresh year highs - studies improving
2
Still little change
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979-2000 fall | S1 | 182.00 | * | break level | |
| R3 | 185.00 | * | figure | S2 | 181.00 | ** | congestion | |
| R2 | 183.00 | * | figure | S3 | 180.00 | ** | historic congestion | |
| R1 | 182.65~ | 9 Dec YTD high | S4 | 179.00 | * | break level |
Asterisk denotes strength of level
14:00 GMT - Still little change, as falling intraday studies keep near-term sentiment cautious and extend consolidation beneath the 182.65 current year high of 9 December. Daily stochastics are rising and the daily Tension Indicator is improving, suggesting room for further gains in the coming sessions. A close above resistance at 183.00 is needed to improve sentiment and extend long-term gains towards 185.00. Meanwhile, support remains at the 182.00 break level. A close back beneath here would turn sentiment neutral and prompt consolidation around congestion at 181.00.