Published: 2026-07-28T13:13:26.000Z
Chart EUR/JPY Update: Choppy in range - background studies rising
1
Little change, as prices extend cautious trade beneath resistance at the 186.32 monthly high of 16 June
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 186.00 | ** | congestion | |
| R3 | 187.00 | * | congestion | S2 | 185.50 | break level | ||
| R2 | 186.70~ | 27 Jul high | S3 | 185.00 | ** | break level | ||
| R1 | 186.32 | ** | 16 Jun (m) high | S4 | 184.00 | * | congestion |
Asterisk denotes strength of level
13:50 BST - Little change, as prices extend cautious trade beneath resistance at the 186.32 monthly high of 16 June. Overbought daily stochastics are turning down and the positive daily Tension Indicator is flattening, suggesting room for a drift lower towards congestion support at 186.00. But positive weekly charts should limit any break in renewed buying interest/consolidation above 185.50. Following cautious/corrective trade, fresh gains are looked for. A close back above 186.32 will improve sentiment and extend May gains initially towards congestion around 187.00.