Published: 2026-03-13T14:48:25.000Z
Chart EUR/JPY Update: Under pressure
-
The anticipated break below 183.00 has reached 182.30
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 185.00 | ** | break level | S1 | 182.00 | * | congestion | |
| R3 | 184.75~ | 25 Feb (w) high | S2 | 180.80/00 | ** | 12 Feb YTD low; cong | ||
| R2 | 184.00 | * | congestion | S3 | 180.30 | ** | 38.2% ret of Jul-Jan rally | |
| R1 | 183.00 | * | break level | S4 | 180.00 | ** | break level |
Asterisk denotes strength of level
14:30 GMT - The anticipated break below 183.00 has reached 182.30, where rising intraday studies are prompting a minor bounce. Daily studies are under pressure and broadeer weekly charts are bearish, highlighting room for further losses in the coming sessions. Immediate support is at congestion around 182.00. But a close below the 180.80/00 range is needed to turn sentiment negative and confirm continuation of late-January losses. Meanwhile, any immediate tests back above resistance at 183.00 should be limited in renewed selling interest beneath congestion around 184.00.