Published: 2026-06-03T13:30:41.000Z
Chart EUR/JPY Update: Pullback from 186.00
1
The test above congestion resistance at 186.00 has met selling interest around 186.20
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 185.40 | break level | ||
| R3 | 187.00 | * | break level | S2 | 185.00 | ** | break level | |
| R2 | 186.50 | congestion | S3 | 184.50 | congestion | |||
| R1 | 186.00 | * | congestion | S4 | 184.00 | * | congestion |
Asterisk denotes strength of level
14:20 BST - The test above congestion resistance at 186.00 has met selling interest around 186.20, with prices falling sharply to test below 185.40 before bouncing back to 185.50. Overbought daily stochastics are unwinding, suggesting potential for a retest below 185.40. But the positive daily Tension Indicator and mixed weekly charts should limit initial scope in consolidation above support at 185.00. A break, however, will add weight to sentiment and open up congestion around 184.00. Meanwhile, any immediate tests above 186.00 should meet renewed selling interest towards further congestion around 186.50.