Published: 2026-05-12T12:46:02.000Z
Chart EUR/JPY Update: Room for a minor test higher
1
The anticipated break above 185.00 has been pushed back from 185.45
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.20 | ** | May 1990 (y) high | S1 | 185.00 | ** | break level | |
| R3 | 187.60 | ** | Aug 1990 high | S2 | 184.00 | * | congestion | |
| R2 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S3 | 182.50 | * | congestion | |
| R1 | 186.00 | * | congestion | S4 | 182.00 | ** | congestion |
Asterisk denotes strength of level
13:35 BST - The anticipated break above 185.00 has been pushed back from 185.45, as intraday studies turn down, with prices currently balanced around 185.00. A test back beneath here cannot be ruled out. But rising daily readings should limit any downside tests in consolidation above congestion support at 184.00. Meanwhile, resistance is at congestion around 186.00. A break above here would open up strong resistance within the 187.35 - 187.60 range. But negative weekly charts should limit any push towards here in fresh selling interest.