Published: 2025-09-30T01:07:54.000Z
Chart EUR/JPY Update: Turned down from the 175.05 current year high
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Turned down from the 175.05 Friday's current year high as prices unwind the overbought intraday studies to reach the 174.00/173.90 support

Levels | Imp | Comment | Levels | Imp | Comment | |||
---|---|---|---|---|---|---|---|---|
R4 | 178.00 | * | figure | S1 | 173.90 | ** | Jul high | |
R3 | 176.00 | * | figure | S2 | 173.00 | * | Aug high, congestion | |
R2 | 175.40 | ** | July 2024 multi-year high | S3 | 172.14 | ** | 9 Sep low | |
R1 | 175.05 | ** | 26 Sep YTD high | S4 | 171.00 | * | 14 Aug low, congestion |
Asterisk denotes strength of level
01:00 GMT - Turned down from the 175.05 Friday's current year high as prices unwind the overbought intraday studies to reach the 174.00/173.90 support. Daily chart are stretched as well and threatens break lower to correct gains from the 170.00, August low. Lower will see room to the 173.00 support and 172.14/00 area. Meanwhile, resistance at the 174.50 high of 19 September which is expected to cap and sustain pullback from the 175.05 high. Clearance of these will expose the 175.40 July multi-year high to retest.