Published: 2025-12-08T00:48:56.000Z
Chart EUR/JPY Update: Range-bound within 182.00/180.00
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Still little change, as prices extend consolidation within the 182.00/180.00 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 185.50 | * | 23 Aug 1990 high | S1 | 180.00 | * | congestion | |
| R3 | 184.00 | * | congestion | S2 | 178.82 | ** | Oct high | |
| R2 | 182.60/00 | * | 21 Aug 1990 low, congestion | S3 | 178.00 | ** | congestion | |
| R1 | 182.00 | ** | 20 Nov YTD high | S4 | 177.00 | congestion |
Asterisk denotes strength of level
00:40 GMT - Still little change, as prices extend consolidation within the 182.00/180.00 range. Bullish structure keeps prices supported but daily studies are tracking lower and threatens pullback through the 180.00 level. Break here will fade the upside pressure and open up room for deeper pullback to retrace strong gains from the 154.80, February current year low. Lower will see room to strong support at the 178.82 and 178.00, October highs and congestion area. Meanwhile, resistance at the 181.50/182.00 area expected to cap. Clearance will further extend gains from the February YD low.