Published: 2026-09-22T01:09:40.000Z
Chart EUR/JPY Update: Higher in consolidation
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Edging higher in consolidation from the 180.00 level to retest the 180.80 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 182.70 | * | 50% Jul/Sep fall | S1 | 180.00 | * | congestion | |
| R3 | 182.00 | ** | May low | S2 | 179.50/35 | * | congestion, Aug low | |
| R2 | 181.55 | * | 38.2% Jul/Sep fall | S3 | 179.00 | * | congestion | |
| R1 | 180.80 | * | Feb low | S4 | 177.82 | ** | 14 Sep YTD low |
Asterisk denotes strength of level
01:05 GMT - Edging higher in consolidation from the 180.00 level to retest the 180.80 resistance. Clearance here will expose the 181.55 high and 38.2% Fibonacci level to retest and see room for extension to strong resistance at 182.00 May low which is expected to cap. Pullback see support starting at the 180.00 congestion then the 179.50/35 area and August low which should underpin. Would take break here to return focus to the downside for retest of the 178.00/177.82 congestion and 14 September YTD low. Below here will see further losses to retrace the 2025/2026 rally.