Published: 2026-06-26T01:16:05.000Z
Chart EUR/JPY Update: Consolidating, room for lower later
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Extending bounce from the 183.17 mid-week low as prices consolidate losses from the 186.30 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.00/30 | ** | congestion, 16 Jun high | S1 | 183.00 | * | congestion | |
| R3 | 185.50 | congestion | S2 | 182.80 | * | Feb channel | ||
| R2 | 185.00 | * | congestion | S3 | 182.00 | ** | congestion, May low | |
| R1 | 184.00 | * | congestion, 8 Jun low | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:10 GMT - Extending bounce from the 183.17 mid-week low as prices consolidate losses from the 186.30 high of last week and unwind oversold intraday and daily studies. Above the 184.00 resistance will open up room for strong bounce but this should meet with selling pressure below the 185.00 congestion. Break of 183.17 low will see room to 183.00 and February channel support at 182.80. Below these will return focus to the May low at 182.00. Lower still, will turn focus to the 12 February current year low at 180.80.