Published: 2026-01-15T01:03:24.000Z
Chart EUR/JPY Update: Settled back from fresh multi-year high
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Failed to sustain break to fresh multi-year high as prices gave way to selling pressure at the 185.57 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 190.00 | * | figure | S1 | 184.50/00 | * | congestion | |
| R3 | 188.00 | ** | May 1990 year high | S2 | 183.15 | * | 12 Dec high | |
| R2 | 186.30 | * | upper channel | S3 | 182.65 | ** | 8 Jan low | |
| R1 | 185.57 | ** | 14 Jan YTD high | S4 | 181.50 | ** | congestion |
Asterisk denotes strength of level
01:00 GMT - Failed to sustain break to fresh multi-year high as prices gave way to selling pressure at the 185.57 high. Pullback see prices unwinding overbought intraday and daily studies to reach support at the 184.50/184.00 congestion area. Weekly studies are stretched as well and suggest scope for break here to open up room for deeper pullback to the strong support at the 183.15/182.65 area. Would take break here to open up room for deeper correction of gains from the February low to strong support at 181.50 then the 180.00 figure.