Published: 2025-12-10T01:20:27.000Z
Chart EUR/JPY Update: Break to fresh year high
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Choppy trade within the 182.00/180.00 range area finally gave way to break to fresh year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.50 | * | congestion | S1 | 182.00 | * | Nov high | |
| R3 | 185.50 | * | 23 Aug 1990 high | S2 | 181.50 | * | congestion | |
| R2 | 184.00 | * | congestion | S3 | 180.00 | ** | congestion | |
| R1 | 182.60/00 | * | 21 Aug 1990 low, congestion | S4 | 178.82/00 | ** | Oct highs |
Asterisk denotes strength of level
01:10 GMT - Choppy trade within the 182.00/180.00 range area finally gave way to break to fresh year high and extend gains from the late-February YTD low. Consolidation at the 182.60 resistance see prices unwinding overbought intraday studies but bullish structure keep pressure on the upside and see room to 183.00 congestion and 184.00 channel resistance. Meanwhile, support is raised to the 182.00/181.50 November highs which should underpin. Below this will see room for further consolidation to strong support at the 180.00 level.