Published: 2026-03-09T01:27:38.000Z
Chart EUR/JPY Update: Extend consolidation above 182.00 support
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Litle change, as prices extend consolidation above the 182.00 level and channel support from the February 2025 year low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | ** | 23 Jan YTD high | S1 | 182.00 | * | congestion | |
| R3 | 186.22 | * | 9 Feb high | S2 | 180.80 | ** | 12 Feb YTD low | |
| R2 | 184.78 | ** | 25 Feb high | S3 | 180.00 | ** | congestion | |
| R1 | 183.70/00 | * | congestion | S4 | 178.82 | * | Oct high |
Asterisk denotes strength of level
01:25 GMT - Litle change, as prices extend consolidation above the 182.00 level and channel support from the February 2025 year low. However, negative daily and weekly studies keeps pressure on the downside and suggest scope for break here to open up room for retest of the 180.80, February current year low. Below this will extend the broader losses from the January high to retrace rally from the February 2025 low. Meanwhile resistance remains at the 183.70 congestion which is expected to cap and sustain losses from the 184.78, 25 February lower high.