Published: 2026-07-01T01:43:46.000Z
Chart EUR/JPY Update: Approaching strong resistance at 186.00/30
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Sharply higher as prices extend gains from the 183.17 low of last week to approach the 186.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 185.00 | * | congestion | |
| R3 | 186.87 | * | Jan high | S2 | 184.00 | * | congestion, 8 Jun low | |
| R2 | 186.30 | ** | 16 Jun high | S3 | 183.00 | * | congestion | |
| R1 | 186.00 | * | congestion | S4 | 182.00 | ** | congestion, May low |
Asterisk denotes strength of level
01:30 GMT - Sharply higher as prices extend gains from the 183.17 low of last week to approach the 186.00 level. Daily studies are tracking higher from oversold readings and suggest scope for extension to strong resistance at the 186.00/30 area. However, this area is expected to cap and give way to renewed selling pressure. Meanwhile, support is raised to the 185.00/184.00 congestion area. Would take break here to return focus to the 183.17 low and 183.00 level. Below these will turn focus to the 182.00 May low and 180.80 February current year low.