Published: 2025-12-17T01:13:46.000Z
Chart EUR/JPY Update: Pressuring 182.00/181.50 support
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Leaning lower from the 183.15 current year high of last Friday to pressure support at the 182.00/181.50 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 181.50 | * | congestion | |
| R3 | 186.00 | * | congestion | S2 | 180.00 | ** | congestion | |
| R2 | 185.00 | * | congestion | S3 | 178.82/00 | ** | Oct highs | |
| R1 | 183.15 | ** | 12 Dec YTD high | S4 | 176.00 | * | congestion |
Asterisk denotes strength of level
01:10 GMT - Leaning lower from the 183.15 current year high of last Friday to pressure support at the 182.00/181.50 area. Prices are unwinding overbought intraday and daily studies and suggest potential for break here to open up room for deeper pullback to the strong support at the 180.00 level. Break here will open up room for extension to the 178.82/178.00, October highs. Meanwhile, resistance at the 183.15 high expected to cap. Break here, if see, will see room for extension to fresh multi-year high at the 185.00/186.00 congestion from August 1990.