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Published: 2026-01-27T00:59:23.000Z

Chart EUR/JPY Update: Consolidating at 182.00/181.50 support

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Steadied at the 182.00/181.50 support as prices turned up to consolidate sharp rejection from the 186.87 high of last Friday

 LevelsImpComment  LevelsImpComment
R4187.35*50% 1997/2000 fall S1182.65*Jan low
R3186.87**23 Jan YTD high S2181.50*congestion
R2184.92/00**2025 year high, congestion S3180.10/00**Dec low, figure               
R1184.00*congestion S4178.82*Oct high

Asterisk denotes strength of level

00:50 GMT - Steadied at the 182.00/181.50 support as prices turned up to consolidate sharp rejection from the 186.87 high of last Friday. However, daily and weekly studies are tracking lower and suggest consolidation giving way to deeper pullback within the channel from the February low. Break of support at the 182.00/181.50 congestion will open up room to strong support at 180.10/00, December low and congestion area. Meanwhile, resistance at the 184.00 congestion and extending to 184.92 December 2025 year high are expected to cap.

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Topics
EUR/JPY-TA
DM-Technical
Technical Analysis

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