Published: 2026-09-07T01:04:34.000Z
Chart EUR/JPY Update: Consolidating sharp losses
-
Limited on break of the 181.00/180.80 support as prices turned up from the 180.20 low to consolidate sharp losses from the 186.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 184.00 | ** | congestion | S1 | 180.80 | ** | Feb low | |
| R3 | 183.15 | ** | Jun low | S2 | 180.00 | * | figure | |
| R2 | 182.50 | * | congestion | S3 | 179.35 | ** | Aug low | |
| R1 | 182.00 | * | congestion | S4 | 179.00 | figure |
Asterisk denotes strength of level
01:00 GMT - Limited on break of the 181.00/180.80 support as prices turned up from the 180.20 low to consolidate sharp losses from the 186.00 level and unwind oversold intraday studies. Bearish momentum from the latter keep pressure firmly on the downside and consolidation expected to give way to further losses later. Lower will see room to the 180.00 figure then the 179.35 low of August. Meanwhile, resistance is lowered to the 182.00/182.50 congestion area which is expected to cap and sustain losses from the 186.00 high.