Published: 2026-01-02T01:07:37.000Z
Chart EUR/JPY Update: Drifting narrowly in consolidation from 184.92 high
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Little change, as prices extend consolidation at the 184.00 level following pullback from the 184.92, 2025 year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 183.15 | * | 12 Dec high | |
| R3 | 186.00 | * | congestion | S2 | 182.00 | * | Nov high | |
| R2 | 185.00 | * | congestion | S3 | 181.50 | ** | congestion | |
| R1 | 184.92 | ** | 22 Dec 2025 year high | S4 | 180.00 | * | congestion |
Asterisk denotes strength of level
01:00 GMT - Little change, as prices extend consolidation at the 184.00 level following pullback from the 184.92, 2025 year high. Bullish structure from the February 2025 year low suggest consolidation giving way to renewed buying interest later. Higher will see extension to fresh multi-year high to target the 185.00/186.00 congestion area from August 1990. However, deep overbought daily and weekly studies caution corrective pullback. Would take break of support at 183.15 to ease the upside pressure and open up room for deeper pullback to strong support at the 182.00/181.50 area.