Published: 2025-08-25T01:34:13.000Z
Chart EUR/JPY Update: Higher in choppy trade within 173.00/171.00 area
Technical Analyst
2
Higher in choppy trade from the 171.30/00 support to regain the 172.00 level to expose resistance at the 172.70/173.00 area to retest
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 174.50 | * | congestion | S1 | 172.00 | * | congestion | |
| R3 | 173.90 | ** | 28 Jul YTD high | S2 | 171.30/00 | ** | congestion | |
| R2 | 173.00 | ** | congestion | S3 | 170.00 | ** | congestion | |
| R1 | 172.70 | * | 19 Aug high | S4 | 168.45 | 1 Jul low |
Asterisk denotes strength of level
01:30 GMT - Higher in choppy trade from the 171.30/00 support to regain the 172.00 level to expose resistance at the 172.70/173.00 area to retest. Clearance here will open up the July current year high at 173.90 to retest. Beyond this will further extend gains within the February channel and return focus to the 175.42, July 2024 multi-year high. Meanwhile, support is raised to the 172.00 level and this extend to 171.00 low of last week. Would take break here to open up room for retest of the 170.00 support.