Published: 2026-06-22T01:12:41.000Z
Chart EUR/JPY Update: Consolidating, room for lower later
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Higher in consolidation from the 184.30 low of last week to consolidate losses from the 186.30 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 184.00 | ** | congestion, 8 Jun low | |
| R3 | 186.87 | * | Jan high | S2 | 183.50 | congestion | ||
| R2 | 186.30 | ** | 16 Jun high | S3 | 183.00 | * | congestion | |
| R1 | 185.50 | congestion | S4 | 182.00 | ** | congestion, May low |
Asterisk denotes strength of level
01:00 GMT - Higher in consolidation from the 184.30 low of last week to consolidate losses from the 186.30 high. Bounce above 185.00 see prices unwinding oversold intraday studies but this is expected to give way to renewed selling pressure later towards 185.50/186.00 resistance. Consolidation is expected to give way to fresh losses later to retest strong support at 184.00. Below this will open up room for deeper pullback to 183.50 congestion. Lower still, will turn focus to the 183.00/182.00 congestion and May low.