Published: 2026-08-28T01:02:15.000Z
Chart EUR/JPY Update: Sideways in range below 186.00
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Little change, as price extend choppy trade within a narrow range below the 186.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.47 | ** | Jul high | S1 | 185.00 | * | congestion | |
| R3 | 187.00 | * | congestion | S2 | 184.00 | * | congestion | |
| R2 | 186.30 | ** | Jun high | S3 | 183.15/00 | ** | Jun low, congestion | |
| R1 | 186.00 | * | congestion | S4 | 182.00 | * | congestion, May low |
Asterisk denotes strength of level
01:00 GMT - Little change, as price extend choppy trade within a narrow range below the 186.00 level. The resulting flag pattern suggest scope for break here to extend bullish gains from the 179.35 low of 3 August. Clearance will see room to strong resistance at the 186.30 June high which is expected to cap. Meanwhile, support remains at the 185.00 level. Would take break here to fade the upside pressure and see room for pullback to correct strong gains from the 179.35 low. Lower will open up room to strong support at 184.00 congestion and extending to 183.15, June low.