Published: 2025-12-18T01:05:02.000Z
Chart EUR/JPY Update: Turned up in consolidation from 182.00/181.50 support
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Bounce from the 182.00/181.500 support see prices back to approach the 183.15, 12 December current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 181.50 | * | congestion | |
| R3 | 186.00 | * | congestion | S2 | 180.00 | ** | congestion | |
| R2 | 185.00 | * | congestion | S3 | 178.82/00 | ** | Oct highs | |
| R1 | 183.15 | ** | 12 Dec YTD high | S4 | 176.00 | * | congestion |
Asterisk denotes strength of level
01:00 GMT - Bounce from the 182.00/181.500 support see prices back to approach the 183.15, 12 December current year high. Overbought daily and weekly studies suggest this expected to cap and give way to renewed selling pressure. Below the 181.50 support will see room for deeper pullback to the strong support at the 180.00 level. Break here will open up room for extension to the 178.82/178.00, October highs. Meanwhile, break above the 183.15 high, if seen, will see extension to fresh multi-year high at the 185.00/186.00 congestion from August 1990.