Published: 2026-09-01T01:11:05.000Z
Chart EUR/JPY Update: Lower in consolidation from 186.00
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Lower in consolidation from the 186.00 level as daily studies unwind overbought readings and bullish momentum from the August low fades
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.47 | ** | Jul high | S1 | 185.00 | * | congestion | |
| R3 | 187.00 | * | congestion | S2 | 184.00 | * | congestion | |
| R2 | 186.30 | ** | Jun high | S3 | 183.15/00 | ** | Jun low, congestion | |
| R1 | 186.00 | * | congestion | S4 | 182.00 | * | congestion, May low |
Asterisk denotes strength of level
01:10 GMT - Lower in consolidation from the 186.00 level as daily studies unwind overbought readings and bullish momentum from the August low fades. Pullback see support starting at the 185.00 congestion and break here needed to turn focus to the downside to correct strong gains from the 179.35 low. Lower will open up room to strong support at 184.00 congestion and extending to the 183.15, June low. Meanwhile, resistance at the 186.00/30 congestion area now expected to cap. Break, if seen, will open up room for retest of 187.00 congestion and the 187.47, July high.