Published: 2026-05-29T08:35:32.000Z
Chart EUR/JPY Update: Range trade
2
Little change, as prices extend cautious trade within the 185.00 - 186.00 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 185.00 | ** | break level | |
| R3 | 187.00 | * | break level | S2 | 184.50 | congestion | ||
| R2 | 186.50 | congestion | S3 | 184.00 | * | congestion | ||
| R1 | 186.00 | * | congestion | S4 | 183.50 | * | congestion |
Asterisk denotes strength of level
09:30 BST - Little change, as prices extend cautious trade within the 185.00 - 186.00 range. Intraday studies and overbought daily stochastics are turning down, suggesting room for test of support at 185.00. But the rising daily Tension Indicator and mixed weekly charts should limit any immediate break in renewed consolidation above further congestion around 184.50. Meanwhile, resistance remains up to congestion around 186.00, and should cap any immediate tests higher.