Published: 2026-01-20T01:14:29.000Z
Chart EUR/JPY Update: Consolidating at 184.00
1
Bounce from the 182.65 support see prices back in consolidation at the 184.00 level as prices unwind oversold intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.00 | figure | S1 | 182.65 | ** | 8 Jan low | ||
| R3 | 185.57 | ** | 14 Jan YTD high | S2 | 182.00 | * | congestion | |
| R2 | 184.92/00 | * | Dec 2025 yr high, congestion | S3 | 181.50 | ** | congestion | |
| R1 | 184.00 | * | congestion | S4 | 180.00 | ** | figure, congestion |
Asterisk denotes strength of level
01:10 GMT - Bounce from the 182.65 support see prices back in consolidation at the 184.00 level as prices unwind oversold intraday studies. Consolidation here is expected to give way to renewed selling pressure later to extend losses from 185.57 multi-year high. Break of the 182.65 support will see deeper pullback within the bullish channel from the late-February low and see extension to strong support at the 182.00/181.50 congestion. Meanwhile, resistance at the 184.00 congestion is expected to cap and sustain pullback from the 184.92/185.57 highs.