Published: 2025-12-04T14:41:33.000Z
Chart EUR/JPY Update: Leaning lower in range
2
Anticipated minor tests higher have not been seen
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 184.00 | * | figure | S1 | 180.00 | * | break level | |
| R3 | 183.00 | * | figure | S2 | 179.00 | * | break level | |
| R2 | 182.00 | * | 20 Nov YTD high, historic cong | S3 | 178.00 | break level | ||
| R1 | 181.00 | * | intraday break level | S4 | 176.00 | ** | break level |
Asterisk denotes strength of level
14:30 GMT - Anticipated minor tests higher have not been seen, as intraday studies turn down, with the break below 181.00 putting focus on support at 180.00. Daily readings are under pressure and overbought weekly stochastics are turning down, highlighting room for further losses in the coming sessions. A close below 180.00 will complete a 2-week distribution top beneath the 182.00 current year high of 20 November, as focus then turns to 179.00. Meanwhile, a close above 181.00, if seen, would help to stabilise price action and prompt consolidation beneath 182.00.