Published: 2026-05-13T13:35:51.000Z
Chart EUR/JPY Update: Leaning lower
2
Cautious trade is giving way to a drift lower
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 184.00 | * | congestion | |
| R3 | 186.00 | * | congestion | S2 | 183.50 | * | congestion | |
| R2 | 185.45 | 12 May high | S3 | 183.00 | congestion | |||
| R1 | 185.00 | ** | break level | S4 | 182.50 | * | congestion |
Asterisk denotes strength of level
13:35 BST - Cautious trade is giving way to a drift lower, as intraday studies turn down, with prices currently balanced around 184.75. Continuation towards congestion support at 184.00 cannot be ruled out. But rising daily readings should limit any initial tests in consolidation, before deeper losses unfold. A close below 183.50 would add weight to sentiment and open up supports down to congestion around 182.50. Meanwhile, any immediate tests back above resistance at 185.00 should fade beneath congestion around 186.00.