Published: 2026-06-15T01:16:48.000Z
Chart EUR/JPY Update: Higher towards 186.00/23 resistance
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Consolidation above the 185.00 level has given way to bounce as prices extend gains from the 184.00 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 185.00 | * | congestion | |
| R3 | 187.55 | * | 30 Apr high | S2 | 184.65 | 11 Jun low | ||
| R2 | 186.87 | * | Jan high | S3 | 184.00 | ** | congestion, 8 Jun low | |
| R1 | 186.00/23 | ** | congestion, 20 Apr low | S4 | 183.70 | congestion |
Asterisk denotes strength of level
01:10 GMT - Consolidation above the 185.00 level has given way to bounce as prices extend gains from the 184.00 low. Daily studies have turned positive and suggest room for extension towards strong resistance at the 186.00/23 area which is expected to cap. Break here, if seen, will open up room for extension towards the 186.87/187.00 resistance. Meanwhile, support is raised to the 185.00 congestion. Would take break here to see retest of 184.65 then the strong support at the 184.00 low. Would take break here to return focus to support at the 183.00/182.00 congestion.