Published: 2025-10-29T14:28:06.000Z
Chart EUR/JPY Update: Choppy trade - daily studies under pressure
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Little change, as mixed intraday studies keep near-term sentiment cautious and extend choppy trade around support at 177.00
| 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 | 178.23 | * | 27 Oct YTD high | S4 | 174.00 | ** | congestion |
Asterisk denotes strength of level
14:15 GMT - Little change, as mixed intraday studies keep near-term sentiment cautious and extend choppy trade around support at 177.00. Daily readings are under pressure, highlighting room for a break towards 176.00. However, any immediate continuation beneath here is expected to give way to consolidation above congestion support at 175.00, as broader weekly charts remain mixed. Meanwhile, resistance remains at the 178.23 current year high of 27 October. A close above here is needed to turn sentiment positive and extend long-term gains towards the 178.90 high of September 1990.