Published: 2026-03-17T14:28:42.000Z
Chart EUR/JPY Update: Gains capped in range
-
Still little change, as prices extend cautious trade above support at 183.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.22 | ** | 9 Feb (m) high | S1 | 183.00 | * | break level | |
| R3 | 185.00 | ** | break level | S2 | 182.00 | * | congestion | |
| R2 | 184.75~ | 25 Feb (w) high | S3 | 180.80/00 | ** | 12 Feb YTD low; cong | ||
| R1 | 184.00 | * | congestion | S4 | 180.30 | ** | 38.2% ret of Jul-Jan rally |
Asterisk denotes strength of level
14:15 GMT - Still little change, as prices extend cautious trade above support at 183.00. Mixed/positive intraday studies and the flattening daily Tension Indicator highlight room for a push higher towards congestion resistance at 184.00. But negative daily stochastics and bearish weekly charts should limit any tests in renewed selling interest/consolidation. Following cautious/corrective trade, fresh losses are looked for. A break below 183.00 will open up 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.