Published: 2026-06-30T01:21:12.000Z
Chart EUR/JPY Update: Extend bounce from 183.17 low
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Bounce from the 183.17 low of last week see prices retracing losses from the 186.30 mid-June high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | * | Jan high | S1 | 184.00 | * | congestion, 8 Jun low | |
| R3 | 186.30 | ** | 16 Jun high | S2 | 183.00 | * | congestion | |
| R2 | 186.00 | * | congestion | S3 | 182.00 | ** | congestion, May low | |
| R1 | 185.50 | * | congestion | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:15 GMT - Bounce from the 183.17 low of last week see prices retracing losses from the 186.30 mid-June high. Break above 185.00 level see room to resistance at the 185.50 congestion which is expected to cap. Clearance here, if seen, will turn focus to the strong resistance at the 186.00/30 area. However, the latter expected to cap and give way renewed selling pressure later and return below 184.00 will see room for retest of the 183.17 low and 183.00 level. Below the latter will turn focus to the 182.00 May low and 180.80 February current year low.