Published: 2026-06-24T01:32:49.000Z
Chart EUR/JPY Update: Extend losses from 186.30 high
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Consolidation within the broad 186.30/184.00 range area finally gave way to break lower to retrace gains from the 182.00 May low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | * | Jan high | S1 | 183.50 | * | 7 May low | |
| R3 | 186.00/30 | ** | congestion, 16 Jun high | S2 | 183.00 | * | congestion | |
| R2 | 185.50 | congestion | S3 | 182.70 | * | Feb channel | ||
| R1 | 185.00 | * | congestion | S4 | 182.00 | ** | congestion, May low |
Asterisk denotes strength of level
01:25 GMT - Consolidation within the broad 186.30/184.00 range area finally gave way to break lower to retrace gains from the 182.00 May low. Lower see room to the 183.50 support but potential is seen for deeper pullback to the 183.00 level and 182.70 channel support from the February low. Break of the latter will return focus to the May low at 182.00 and 12 February current year low at 180.80. Meanwhile, resistance is lowered to 185.00 congestion which is expected to cap and sustain losses from the 186.30 high.