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Published: 2026-05-22T00:56:21.000Z

Chart EUR/JPY Update: Drifting narrowly below 185.00

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Little change, as prices drift narrowly within the 185.00/184.00 range area following rejection from 185.45/20 recent highs

 LevelsImpComment  LevelsImpComment
R4187.55/95**30, 17 Apr YTD highs S1184.00*congestion
R3186.87*Jan high S2183.50*congestion
R2186.00/23**congestion, 20 Apr low S3183.00*congestion
R1185.45**12 May high S4182.00**Nov high, congestion

Asterisk denotes strength of level

00:50 GMT - Little change, as prices drift narrowly within the 185.00/184.00 range area following rejection from 185.45/20 recent highs. Ranging action are expected to extend and see break of the 184.00 congestion needed to open up room for deeper pullback to the 183.50/183.00 congestion area. Below the latter will return focus to the downside for retest of the 182.00 low of 6 May and see scope to extend losses from the 187.95 April YTD high. Meanwhile, resistance remains at the 185.45. Break here will open up room to strong resistance at the 186.00/23 area. 

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Topics
EUR/JPY-TA
DM-Technical
Technical Analysis

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