Published: 2026-07-02T01:45:27.000Z
Chart EUR/JPY Update: Retracing gains from June low
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Settled back from approach of the 186.00 level as prices consolidate strong gains from the 183.17 June low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 185.00 | * | congestion | |
| R3 | 186.30 | ** | 16 Jun high | S2 | 184.00 | * | congestion, 8 Jun low | |
| R2 | 186.00 | * | congestion | S3 | 183.17/00 | ** | Jun low, congestion | |
| R1 | 185.87 | ** | 30 Jun high | S4 | 182.00 | ** | congestion, May low |
Asterisk denotes strength of level
01:40 GMT - Settled back from approach of the 186.00 level as prices consolidate strong gains from the 183.17 June low. Prices has turned back to the 185.00 congestion with room for deeper pullback to strong support at the 184.00 level. Below this will return focus to the downside for retest of the 183.17 June low. Would take break here to expose key support at 182.00/180.80, May and February lows to retest. Meanwhile, resistance at the 185.50/85 area expected to cap. Only above here will expose strong resistance at 186.00/30 to retest.