Published: 2025-12-15T01:07:17.000Z
Chart EUR/JPY Update: Consolidating at 183.15, fresh year high
1
Saw break above the 183.00 level to reach fresh year high at 183.15 last Friday
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.50 | * | congestion | S1 | 182.00 | * | Nov high | |
| R3 | 185.50 | * | 23 Aug 1990 high | S2 | 181.50 | * | congestion | |
| R2 | 184.00 | * | congestion | S3 | 180.00 | ** | congestion | |
| R1 | 183.15 | * | 12 Dec high | S4 | 178.82/00 | ** | Oct highs |
Asterisk denotes strength of level
01:00 GMT - Saw break above the 183.00 level to reach fresh year high at 183.15 last Friday. Bullish momentum keep pressure on the upside and higher still see room for extension to the 184.00/50 congestion and channel resistance from the February low. However, deep overbought daily and weekly studies caution corrective pullback. Meanwhile, support at the 182.00/181.50 November highs now underpin. Would take break here to ease the upside pressure and open up room for corrective pullback to strong support at the 180.00 level.