Published: 2026-10-21T01:08:52.000Z
Chart EUR/JPY Update: Edging higher in choppy trade
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Edging higher in choppy trade above the 176.21 current year low of 5 October to reach towards resistance at 178.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 180.80 | ** | Feb low | S1 | 177.00 | * | congestion | |
| R3 | 180.00 | * | congestion | S2 | 176.21 | ** | 5 Oct YTD low | |
| R2 | 179.35 | ** | Aug low | S3 | 176.00 | * | congestion | |
| R1 | 178.00 | * | congestion | S4 | 175.42 | ** | Jul 2024 year high |
Asterisk denotes strength of level
01:05 GMT - Edging higher in choppy trade above the 176.21 current year low of 5 October to reach towards resistance at 178.00. Daily studies are tracking higher from oversold areas and suggest scope for break here to extend corrective bounce to retrace losses from the 181.55 swing high of 18 September to the 179.00 level and strong resistance at the 179.35 August low. Meanwhile, support is raised to the 177.00 congesion which should underpin. Below here will expose the 176.21 low to retest and threatens resumption of losses from the 187.95, April current year high.