EUR/JPY Intraday: Look for 178.11
Nov 4, 2026 2:00 AM
The upside prevails as long as 177.34 is support, with 178.11 and 178.32 as targets

Our pivot point is at 177.34.
Our preference:
The upside prevails as long as 177.34 is support, with 178.11 and 178.32 as targets
Alternative scenario:
below 177.34, expect 176.99 and 176.78.
Comment:
the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 177.58 and 177.12).
Supports and resistances:
178.52 *
178.32 **
178.11
177.78 last
177.34 **
176.99 *
176.78 **
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