Published: 2025-10-15T13:28:55.000Z
Chart EUR/JPY Update: Limited tests higher
2
The test back below 176.00 has bounced from 175.45
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 180.00 | ** | historic congestion | S1 | 176.00 | * | break level | |
| R3 | 178.90 | ** | Sep 1990 high | S2 | 175.00 | * | congestion | |
| R2 | 178.00 | ** | Jan 1991 (y) high | S3 | 174.00 | ** | congestion | |
| R1 | 177.00 | intraday break level | S4 | 173.25 | * | 3 Oct high, gap low |
Asterisk denotes strength of level
14:15ST - The test back below 176.00 has bounced from 175.45, as intraday studies turn higher, with prices once again trading above 176.00. Daily readings are mixed/negative and broader weekly charts coming under pressure, highlighting difficulty sustaining further gains. Resistance at 177.00 should remain intact into any further gains. In the coming sessions, cautious trade is expected to give way to fresh losses. A break back below 176.00 will open up congestion support at 175.00, with potential for continuation down to 174.00.