Published: 2026-02-04T01:02:55.000Z
Chart EUR/JPY Update: Retracing January losses
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Break above resistance at the 184.00/10 area see prices extending bounce from the 181.78 January low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.30 | * | 50% 1979/2000 fall | S1 | 184.00 | * | congestion | |
| R3 | 186.87 | ** | 23 Jan YTD high | S2 | 183.00 | * | congestion | |
| R2 | 185.00 | * | congestion | S3 | 182.50 | * | congestion | |
| R1 | 184.92 | ** | Dec 2025 year high | S4 | 181.78 | ** | Jan low |
Asterisk denotes strength of level
00:55 GMT - Break above resistance at the 184.00/10 area see prices extending bounce from the 181.78 January low to retrace losses from the 186.87 high. Daily studies are tracking higher and suggest room for stronger gains to strong resistance at the 184.92/185.00 area which is expected to cap. Clearance, if seen, will return focus to the 186.87 high. Meanwhile, support is raised to the 184.00/183.00 congestion area. Would take break here to return focus to the downside for retest of the 182.50 congestion then the 181.78, January low.