Published: 2026-04-14T01:17:58.000Z
Chart EUR/JPY Update: Consolidating at 187.50 fresh multi-year high
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Break of the 186.87 January high has seen gains to fresh multi-year high at 187.50
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 190.00 | * | figure | S1 | 186.00 | * | congestion | |
| R3 | 188.20 | ** | May 1990 yr high | S2 | 184.77/50 | ** | 25 Feb high, congestion | |
| R2 | 187.60 | * | Aug 1990 high | S3 | 184.00 | * | congestion | |
| R1 | 187.50 | ** | 13 Apr YTD high | S4 | 183.00 | * | congestion |
Asterisk denotes strength of level
01:10 GMT - Break of the 186.87 January high has seen gains to fresh multi-year high at 187.50. Consolidation here see scope for a later break to extend the underlying bull trend from the 2000 year low. Higher will see scope to the nearby resistance at August 1990 high at 187.60 then the 188.20, May 1990 year high. Would expect reaction at the latter as daily studies extend into overbought areas. Meanwhile, support remains at the 186.00 level which should underpin. Below this will open up room for deeper pullback to strong support at the 184.77/184.50, 25 February high and congestion area.