Published: 2026-03-16T14:49:59.000Z
Chart EUR/JPY Update: Consolidating - studies under pressure
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Little change, as prices extend cautious trade within the 182.00 - 183.00 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 185.00 | ** | break level | S1 | 182.00 | * | congestion | |
| R3 | 184.75~ | 25 Feb (w) high | S2 | 180.80/00 | ** | 12 Feb YTD low; cong | ||
| R2 | 184.00 | * | congestion | S3 | 180.30 | ** | 38.2% ret of Jul-Jan rally | |
| R1 | 183.00 | * | break level | S4 | 180.00 | ** | break level |
Asterisk denotes strength of level
14:35 GMT - Little change, as prices extend cautious trade within the 182.00 - 183.00 range. Rising intraday studies are prompting a minor bounce towards resistance at the 183.00 break level. But negative daily and weekly readings should limit any break in renewed selling interest beneath congestion around 184.00. Following cautious trade, fresh losses are looked for. Support is at congestion around 182.00. But a close below the 180.80/00 range is needed to turn sentiment negative and confirm continuation of late-January losses.