Published: 2026-04-27T01:16:48.000Z
Chart EUR/JPY Update: Extend consolidation below 187.95 high
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Little change, as prices extend consolidation below the multi-year high at 187.95 with prices coiled around the 187.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 190.00 | * | figure | S1 | 186.25 | ** | 20 Apr low | |
| R3 | 188.20 | ** | May 1990 yr high | S2 | 186.00 | * | congestion | |
| R2 | 187.95 | ** | 17 Apr YTD high | S3 | 184.75/50 | ** | 25 Feb high, congestion | |
| R1 | 187.35 | 21 Apr high | S4 | 184.00 | * | congestion |
Asterisk denotes strength of level
01:10 GMT - Little change, as prices extend consolidation below the multi-year high at 187.95 with prices coiled around the 187.00 level. Would take break of support at the 186.25/00 congestion area to open up room for deeper pullback to retrace gains from the 180.80 February low. Lower will see room to strong support at the 184.75/184.50, 25 February high and congestion area. Meanwhile, resistance at the 187.95 high and the nearby 188.20 May 1990 year high are expected to cap. Break here, if seen, will see extension of the underlying bull trend to the 190.00 figure.