Published: 2026-02-03T00:53:53.000Z
Chart EUR/JPY Update: Extend consolidation within 184.00/182.00 area
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Limited on break above resistance at the 184.00/10 area as prices consolidate losses from the 186.87 January high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | * | 50% 1997/2000 fall | S1 | 182.00 | * | congestion | |
| R3 | 186.87 | ** | 23 Jan YTD high | S2 | 181.78 | * | 26 Jan low | |
| R2 | 184.92/00 | ** | 2025 year high, congestion | S3 | 181.50 | * | congestion | |
| R1 | 184.00 | * | congestion | S4 | 180.10/00 | ** | Dec low, figure |
Asterisk denotes strength of level
00:45 GMT - Limited on break above resistance at the 184.00/10 area as prices consolidate losses from the 186.87 January high. The resulting flag pattern and mixed daily studies suggest this giving way to renewed selling pressure later. Break of the 182.00 level and 181.78 low will open up room for deeper pullback to retrace gains from the February 2025 low. Meanwhile, resistance is at the 184.00 congestion. Would take break here to open up room for stronger bounce to resistance at the 184.92/185.00 area which is expected to cap.