Published: 2026-03-18T01:24:45.000Z
Chart EUR/JPY Update: Higher in consolidation, room to retest 184.00
-
Bounce from support at the 182.00 congestion to regain the 183.00 level see prices extending gains for retest of the 184.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | ** | 23 Jan YTD high | S1 | 182.00 | * | congestion | |
| R3 | 186.00/22 | * | congestion, 9 Feb high | S2 | 180.80 | ** | 12 Feb YTD low | |
| R2 | 184.78 | ** | 25 Feb high | S3 | 180.00 | ** | congestion | |
| R1 | 184.00 | * | congestion | S4 | 178.80 | * | Oct high |
Asterisk denotes strength of level
01:15 GMT - Bounce from support at the 182.00 congestion to regain the 183.00 level see prices extending gains for retest of the 184.00 level. The latter is expected to cap and give way to fresh selling pressure and see pullback to retest the 182.00 level. Break here will extend the broader losses from the 184.78, 25 February high, and see room for retest of the 181.00 level and 180.80 February current year low. Would take break above the 184.00 to fade the downside pressure and clear the way for retest of strong resistance at 184.78.