Published: 2026-05-26T13:28:18.000Z
Chart EUR/JPY Update: Edging higher
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Cautious trade is giving way to a drift higher
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 184.50 | congestion | ||
| R3 | 186.00 | * | congestion | S2 | 184.00 | * | congestion | |
| R2 | 185.45 | * | 12 May (w) high | S3 | 183.50 | * | congestion | |
| R1 | 185.00 | ** | break level | S4 | 183.00 | congestion |
Asterisk denotes strength of level
14:15 BST - Cautious trade is giving way to a drift higher, as intraday studies improve, with prices currently pressuring resistance within the 185.00 - 185.45 range. Daily readings are rising and oversold weekly stochastics are flattening, highlighting room for a test above here, with May gains then focusing initially on congestion around 186.00. Meanwhile, support is raised to congestion around 184.50. But further congestion around 184.00 should underpin any deeper reactions.