Published: 2025-12-16T01:12:42.000Z
Chart EUR/JPY Update: Consolidating test of 183.15 current year high
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Lower in consolidation from the 183.15 current year high of last Friday as prices unwind overbought intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 182.00 | * | Nov high | |
| R3 | 186.00 | * | congestion | S2 | 181.50 | * | congestion | |
| R2 | 185.00 | * | congestion | S3 | 180.00 | ** | congestion | |
| R1 | 183.15 | ** | 12 Dec YTD high | S4 | 178.82/00 | ** | Oct highs |
Asterisk denotes strength of level
01:00 GMT - Lower in consolidation from the 183.15 current year high of last Friday as prices unwind overbought intraday studies. Daily chart are stretched as well and threatens break of support at the 182.00/181.50, November highs. Below here will open up room for deeper pullback to the strong support at the 180.00 level. Break here open up room to the 178.82/178.00, October highs. Break above the 183.15 high will see room for extension to fresh multi-year high at the 185.00/186.00 congestion from August 1990.