Published: 2026-04-09T01:24:00.000Z
Chart EUR/JPY Update: Consolidating, still room to extend gains
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Consolidating gains to fresh high at 185.55 as prices unwind overbought intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.60 | * | Aug 1990 high | S1 | 184.77/50 | * | 25 Feb high, congestion | |
| R3 | 186.87 | ** | 23 Jan YTD high | S2 | 184.00 | * | congestion | |
| R2 | 186.00/22 | * | congestion, Feb high | S3 | 183.00 | * | congestion | |
| R1 | 185.55 | * | 8 Apr high | S4 | 182.60/00 | ** | 30 Mar low, congestion |
Asterisk denotes strength of level
01:15 GMT - Consolidating gains to fresh high at 185.55 as prices unwind overbought intraday studies. However, positive daily studies keep pressure on the upside and higher will see room to resistance at the 186.00/22 congestion and February high. Clearance here, if seen, will return focus to the 186.87, January current year high. Meanwhile, support is raised to the 184.77/50, 25 February high and congestion area, which should underpin. Would take break here to ease the upside pressure and open up room for pullback to support at 184.00 congestion and 183.00/182.60 area.