Published: 2026-05-15T01:20:05.000Z
Chart EUR/JPY Update: Leaning lower from 185.45 high
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Leaning lower in volatile trade from the 185.45 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.55/95 | ** | Apr highs | S1 | 184.00 | * | congestion | |
| R3 | 186.87 | * | Jan high | S2 | 183.50 | * | congestion | |
| R2 | 186.00/23 | ** | congestion, 20 Apr low | S3 | 182.00 | ** | Nov high, congestion | |
| R1 | 185.45 | ** | 12 May high | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:15 GMT - Leaning lower in volatile trade from the 185.45 high as prices unwind overbought intraday and daily studies. Pullback see support starting at the 184.00 level and extending to the 183.50 congestion area which should underpin. Break of the latter, if seen, will return focus to the downside and see scope for retest of the 183.00 congestion and 182.00 low. Meanwhile, resistance remains at the 185.45 high. Clearance here will open up room for extension to strong resistance at the 186.00/23 congestion areawhich is expected to cap.