Published: 2025-11-14T01:00:26.000Z
Chart EUR/JPY Update: Consolidating below 180.00 level
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Pressure remains on the upside with gains approaching the 180.00 figure where reaction can be expected
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 182.50/00 | * | congestion | S1 | 178.82 | * | Oct high | |
| R3 | 182.00 | * | congestion | S2 | 178.00 | * | congestion | |
| R2 | 181.00 | * | congestion | S3 | 177.00 | * | congestion | |
| R1 | 180.00 | * | figure, congestion | S4 | 176.00/70 | * | congestion, 5 Nov low |
Asterisk denotes strength of level
00:50 GMT - Pressure remains on the upside with gains approaching the 180.00 figure where reaction can be expected. Break here, if seen, will further extend gain within the rising channel from the February low. However, the deep overbought daily studies and divergence on weekly chart caution corrective pullback with support starting at the 178.82, October high. Would take break here to open up room for deeper pullback to retrace gains from the 170.00 August low to the 178.00/177.00, congestion area.