Published: 2026-01-21T14:43:33.000Z
Chart EUR/JPY Update: Balanced at highs
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Little change, as prices extend consolidation within the 185.00 - 185.55~ range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1997-2000 fall | S1 | 184.00 | * | congestion | |
| R3 | 186.00 | * | figure | S2 | 183.00 | * | break level | |
| R2 | 185.55~ | ** | 14 Jan YTD high | S3 | 182.00 | * | break level | |
| R1 | 185.00 | ** | break level | S4 | 181.55~ | ** | 17 Dec (w) low |
Asterisk denotes strength of level
14:25 GMT - Little change, as prices extend consolidation within the 185.00 - 185.55~ range. Daily readings have ticked higher, highlighting room for further gains in the coming sessions. However, a close above here is needed to turn sentiment positive and extend long-term gains towards the 187.35 multi-decade Fibonacci retracement. Deteriorating weekly charts should limit any initial tests in profit-taking/consolidation. Meanwhile, support remains at congestion around 184.00. But a close below 183.00 will signal a near-term top in place and add weight to sentiment, as focus then turns to the 181.55~ weekly low of 17 December.