Published: 2026-07-13T01:18:43.000Z
Chart EUR/JPY Update: Room for lower from the 185.85 resistance
1
Settled back from test of strong resistance at the 185.50/185.85 congestion and late-June high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.00 | * | congestion | S1 | 184.00 | * | congestion | |
| R3 | 185.85 | ** | 30 Jun high | S2 | 183.17/00 | ** | Jun low, congestion | |
| R2 | 185.50 | * | congestion | S3 | 182.00 | ** | congestion, May low | |
| R1 | 185.00 | * | congestion | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:15 GMT - Settled back from test of strong resistance at the 185.50/185.85 congestion and late-June high as prices unwind overbought readings. Below the 185.00 level has seen deeper pullback to the 184.50/184.00 congestion area. Would take break here to return focus to the downside for retest of the 183.00 level and 183.17 June low. Below these will turn focus to the critical 182.00 and 180.80, May and February current year low. Meanwhile, resistance at the 185.00/185.50 congestion area is expected to cap and sustain losses from the 185.85 high.