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Published: 2025-11-04T01:17:14.000Z

Chart EUR/JPY Update: Range-bound below 178.82 multi-year high

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Little change, as prices remains within the Thursday's 178.82/176.81 range

 LevelsImpComment  LevelsImpComment
R4182.00*congestion S1177.00*congestion
R3181.00*congestion      S2176.62*21 Oct low
R2180.00**figure, congestion S3176.00*congestion        
R1178.90*Sep 1990 high S4175.05/00**26 Sep high, congestion

Asterisk denotes strength of level

01:10 GMT - Little change, as prices remains within the Thursday's 178.82/176.81 range. Consolidation here see prices unwinding overbought intraday and daily studies and suggest scope for pullback to retrace October gains from the 172.25 low. Support is at the 177.00/176.62 areaand see break here to open up room for deeper pullback to support at the 176.00 level. Lower still, will see room to strong support at 175.00/174.00 area. Above the 178.82/178.90 resistance will further extend the underlying bull trend from October 2000 year low.

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Topics
EUR/JPY-TA
DM-Technical
Technical Analysis

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