Published: 2026-03-02T01:27:42.000Z
Chart EUR/JPY Update: Extend consolidation below 184.77 high
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Little change, as prices extend consolidation below the 184.77 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.20 | ** | May 1990 year high | S1 | 183.15/00 | * | 19 Feb high, congestion | |
| R3 | 186.87 | ** | 23 Jan YTD high | S2 | 182.00 | * | congestion | |
| R2 | 186.22 | * | 9 Feb high | S3 | 180.80 | ** | 12 Feb YTD low | |
| R1 | 184.92/00 | ** | Dec high, congestion | S4 | 180.00 | ** | congestion |
Asterisk denotes strength of level
01:20 GMT - Little change, as prices extend consolidation below the 184.77 high of last week and unwind overbought intraday studies. Daily studies are stretched as well and suggest strong resistance at the 184.92/185.00 area expected to cap and keep gains in check. Would take break here, return focus to the 186.22 and 186.87 highs. Meanwhile, support remains at the 183.15/00 area. Would take break here to open up room for deeper pullback to the 182.00 level. Below this will return focus to the 180.80 low and see room for deeper pullback to retrace rally from the February 2025 year low.