Published: 2026-07-22T01:32:56.000Z
Chart EUR/JPY Update: Pressuring 186.00
1
Choppy trade from the 183.17 June low extending gains to pressure the 186.00 level
| 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
01:20 GMT - Choppy trade from the 183.17 June low extending gains to pressure the 186.00 level. Above here will see room to strong resistance at 186.30 where reaction is expected as daily studies push deep into overbought areas. Clearance here, if seen, will return focus to the 187.55/187.95 April highs. Meanwhile, support remains at the 185.00/184.00 congestion area. Would take break here to ease the upside pressure and see room to retest strong support at the 183.17/00 area.