Categories: Technical analysis

EURJPY Wave Analysis – 17 September 2025

EURJPY: ⬇️ Sell

– EURJPY reversed from resistance zone

– Likely to fall to support level 169.9

EURJPY currency pair recently reversed down from the resistance zone between the resistance levels 173.65 (which stopped the price earlier this year) and 175.00 (yearly high from 2024.

This resistance zone was further strengthened by the upper daily and the weekly Bollinger Bands

Given the strength of the aforementioned the resistance zone and the overbought weekly Stochastic, EURJPY currency pair can be expected to fall to the next support level 169.90.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: EURJPY

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