Published: 2025-11-21T01:14:13.000Z
Chart EUR/JPY Update: Consolidating test of 182.00, fresh year high
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Up to tag the 182.00 level before settling back in consolidation as prices unwind overbought intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 185.50 | * | 23 Aug 1990 high | S1 | 181.00 | intraday congestion | ||
| R3 | 184.00 | * | congestion | S2 | 180.00 | * | congestion | |
| R2 | 182.60/00 | * | 21 Aug 1990 low, congestion | S3 | 178.82 | ** | Oct high | |
| R1 | 182.00 | * | 20 Nov YTD high | S4 | 178.00 | ** | congestion |
Asterisk denotes strength of level
01:10 GMT - Up to tag the 182.00 level before settling back in consolidation as prices unwind overbought intraday studies. Both daily and weekly studies are stretched as well and caution corrective pullback with support starting at the 181.00/180.00 congestion area. Would take break here to open up room for deeper pullbck to the strong support at the 178.82/178.00, October highs. Break above the 182.00 level, if seen, will further extend gains within the bullish channel from the 154.80 February YTD low and see room for extension to 182.60/183.00 area.