Published: 2026-07-30T01:22:32.000Z
Chart EUR/JPY Update: Extending gains
1
Break of the 186.00/30 resistance has seen gains above the 187.00 level to approach resistance at the 187.55, late-April high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 189.50 | * | Feb channel | S1 | 186.30/00 | ** | Jun high, congestion | |
| R3 | 188.20 | ** | May 1990 year high | S2 | 185.35 | * | 20 Jul low | |
| R2 | 187.95 | ** | 17 Apr YTD high | S3 | 185.00 | * | congestion | |
| R1 | 187.55 | * | 30 Apr high | S4 | 184.30/00 | * | 13 Jul low, congestion |
Asterisk denotes strength of level
01:15 GMT - Break of the 186.00/30 resistance has seen gains above the 187.00 level to approach resistance at the 187.55, late-April high. Positive daily and weekly studies keep pressure firmly on the upside and break here will expose the 187.95 multi-year high to retest. Just above here is the 188.20, 1990 year high. Would expect reaction at these highs as both daily and weekly studies pushed deep into overbought areas. Meanwhile, support is at the 186.30/186.00 congestion area. Would take break here to see room for deeper pullback to retrace gains from 183.17, June low.