Published: 2026-10-27T01:22:19.000Z
Chart EUR/JPY Update: Higher in consolidation from 175.10 low
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Turned up from fresh year low at 175.10 as prices consolidate sharp losses from the 178.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 179.35 | ** | Aug low | S1 | 175.42 | * | Jul 2024 yr high | |
| R3 | 178.00 | ** | congestion | S2 | 175.10 | ** | 23 Oct YTD low | |
| R2 | 177.00 | * | congestion | S3 | 174.00 | * | congestion | |
| R1 | 176.20 | * | 5 Oct low | S4 | 173.00 | * | congestion |
Asterisk denotes strength of level
01:15 GMT - Turned up from fresh year low at 175.10 as prices consolidate sharp losses from the 178.00 resistance. Bounce see resistance starting at 176.20 low of 5 October. Would take break here to open up room for stronger gains to 177.00 congestion and wedge resistance which is expected to cap. Clearance here, if seen, will open up room to strong resistance at 178.00 congestion. Corrective gains are expected to give way to renewed selling pressure later. Below 175.10 will extend losses from the April current year high and see extension to the 174.00/173.00 congestion area.