Published: 2026-08-18T01:11:19.000Z
Chart EUR/JPY Update: Room to extend gains
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Consolidating gains to 184.75 high but pressure remains on the upside and see room to further retrace the sharp July/August losses
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.30 | ** | Jun high | S1 | 184.00 | * | congestion | |
| R3 | 186.00 | * | congestion | S2 | 183.15/00 | * | Jun low, congestion | |
| R2 | 185.50 | * | congestion | S3 | 182.00 | * | congestion, May low | |
| R1 | 184.92/00 | ** | Dec high, congestion | S4 | 180.80 | ** | Feb low |
Asterisk denotes strength of level
02:10 GMT - Consolidating gains to 184.75 high but pressure remains on the upside and see room to further retrace the sharp July/August losses. Positive daily suggest see scope to retest resistance at 184.92 December high then the 185.00 level. Above here, if seen, will open up room to strong resistance at the 186.00/30 congestion and June high. Corrective gains are expected to give way to renewed selling pressure later with support starting at 184.00 level. Would take break here to open up room back to support at the 183.15/00 area.