Published: 2026-06-29T13:32:43.000Z
Chart EUR/JPY Update: Gains to remain limited
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Consolidation around 184.65 has given way to a pullback to congestion support at 184.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.32 | ** | 16 Jun (w) high | 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
14:05 BST - Consolidation around 184.65 has given way to a pullback to congestion support at 184.00, where rising intraday studies are prompting a bounce back to 184.65. Unwinding oversold daily stochastics highlight room for a test of resistance at 185.00. But the bearish daily Tension Indicator and negative weekly charts should limit any further gains in renewed selling interest towards 185.00. Meanwhile, support remains at 184.00. But a close below congestion around 183.50 is needed to add weight to sentiment and extend mid-June losses initially towards congestion around 183.00.