Published: 2025-11-03T14:10:55.000Z
Chart EUR/JPY Update: Under pressure
3
Anticipated losses have reached 177.35~, where fresh consolidation is unfolding
| 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 - Anticipated losses have reached 177.35~, where fresh consolidation is unfolding. Intraday studies are under pressure and daily readings are also turning down, highlighting potential for a test of support at the 177.00 break level. But rising weekly charts should limit any break beneath here in renewed buying interest above 176.00. Following cautious/corrective trade, fresh gains are looked for. However, a close above the 178.90 high of September 1990 is needed to turn sentiment positive and extend long-term gains towards historic congestion around 180.00.