Published: 2025-11-28T00:48:50.000Z
Chart EUR/JPY Update: Consolidating within 182.00/180.00 area
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Edging higher in consolidation from the 179.77 low of last Friday to approach intraday congestion at 181.50
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 185.50 | * | 23 Aug 1990 high | S1 | 180.00 | * | congestion | |
| R3 | 184.00 | * | congestion | S2 | 178.82 | ** | Oct high | |
| R2 | 182.60/00 | * | 21 Aug 1990 low, congestion | S3 | 178.00 | ** | congestion | |
| R1 | 182.00 | ** | 20 Nov YTD high | S4 | 177.00 | congestion |
Asterisk denotes strength of level
00:40 GMT - Edging higher in consolidation from the 179.77 low of last Friday to approach intraday congestion at 181.50. Would take break here to open up 182.00 high to retest but mixed daily studies suggest ranging action below here likely to extend. Would take break of support at the 180.00 congestion and 179.77 Friday's low to extend pullback from the 182.00 high towards strong support at the 178.82 and 178.00, October highs and congestion area. Meanwhile, resistance at the 182.00 high expected to cap. Break, if seen, will open up room for extension to 182.60/183.00 area.