Published: 2026-07-23T01:06:44.000Z
Chart EUR/JPY Update: Pressuring 186.00/30 resistance
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Extend choppy trade from the 183.17 June low to reach strong resistance at the 186.00/30 congestion and June high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 185.00 | * | congestion | |
| R3 | 186.87 | * | Jan high | S2 | 184.00 | * | congestion | |
| R2 | 186.30 | ** | Jun high | S3 | 183.17/00 | ** | Jun low, congestion | |
| R1 | 186.00 | * | congestion | S4 | 182.00 | ** | congestion, May low |
Asterisk denotes strength of level
01:00 GMT - Extend choppy trade from the 183.17 June low to reach strong resistance at the 186.00/30 congestion and June high. Would expected reaction here as daily studies push deep into overbought areas. Break here, if seen, will return focus to the 187.55/187.95 April highs and see scope to extend the underlying bull trend. Meanwhile, support remains at the 185.00/184.00 congestion area which should underpin. Would take break here to ease the upside pressure and see room to retest strong support at the 183.17/00 area.