Published: 2026-04-23T01:11:12.000Z
Chart EUR/JPY Update: Extend consolidation below 187.95 multi-year high
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Remains in consolidation below the 187.95 Friday's multi-year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 190.00 | * | figure | S1 | 186.25 | ** | 20 Apr low | |
| R3 | 188.20 | ** | May 1990 yr high | S2 | 186.00 | * | congestion | |
| R2 | 187.95 | ** | 17 Apr YTD high | S3 | 184.75/50 | ** | 25 Feb high, congestion | |
| R1 | 187.35 | 21 Apr high | S4 | 184.00 | * | congestion |
Asterisk denotes strength of level
01:05 GMT - Remains in consolidation below the 187.95 Friday's multi-year high which stands just below resistance at 188.20, May 1990 year high. This area expected to cap but a later break cannot be ruled out and open up room for extension to the 190.00 figure. Meanwhile, support is at the 186.25/00 Monday's low and congestion area. Would take break of here to ease the upside pressure and open up room for deeper pullback to retrace gains from the 180.80 February low to strong support at the 184.75/184.50, 25 February high and congestion area.