Published: 2026-05-15T13:26:14.000Z
Chart EUR/JPY Update: Leaning lower in range
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Cautious trade is giving way to the anticipated drift lower
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 184.00 | * | congestion | |
| R3 | 186.00 | * | congestion | S2 | 183.50 | * | congestion | |
| R2 | 185.45 | 12 May high | S3 | 183.00 | congestion | |||
| R1 | 185.00 | ** | break level | S4 | 182.50 | * | congestion |
Asterisk denotes strength of level
14:15 BST - Cautious trade is giving way to the anticipated drift lower, as daily stochastics turn down, with prices focusing on congestion support at 184.00. However, the rising daily Tension Indicator should limit any initial tests in consolidation, before negative weekly charts prompt deeper losses. A close below further congestion around 183.50 would add weight to sentiment and open up supports down to congestion around 182.50. Meanwhile, resistance remains at 185.00. Any immediate tests back above here should fade beneath congestion around 186.00.