Published: 2026-06-23T13:22:59.000Z
Chart EUR/JPY Update: Room for lower
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Cautious trade has given way to anticipated losses
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.50 | congestion | S1 | 184.00 | * | congestion | ||
| R3 | 186.00 | * | congestion | S2 | 183.50 | congestion | ||
| R2 | 185.50 | break level | S3 | 183.00 | congestion | |||
| R1 | 185.00 | ** | break level | S4 | 182.00 | ** | break level |
Asterisk denotes strength of level
14:15 BST - Cautious trade has given way to anticipated losses, as intraday studies turn down, with prices currently pressuring congestion support at 184.00. Both daily and weekly charts are also negative, highlighting room for a continuation to further congestion support at 183.50. A close beneath here will add weight to sentiment and confirm a near-term top in place around 186.00, as a deeper retracement then targets congestion around 183.00. Meanwhile, resistance remains at 185.00 and should cap any immediate tests higher.