Published: 2026-06-19T01:20:49.000Z
Chart EUR/JPY Update: Room to extend losses
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Rejection from the 186.30 high has seen extension below the 185.00 level to reach 184.30 low
| 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 | 183.00 | * | congestion | |
| R2 | 186.30 | ** | 16 Jun high | S3 | 182.00 | ** | congestion, May low | |
| R1 | 185.50 | congestion | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:15 GMT - Rejection from the 186.30 high has seen extension below the 185.00 level to reach 184.30 low. Consolidation here see prices unwinding oversold intraday studies before giving way to renewed selling pressure later. Lower will see extension to strong support at 184.00. Negative daily and weekly studies suggest scope for break to open up room for deeper pullback to to the 183.00 congestion and 182.00 May low. Meanwhile, resistance is lowered to 185.00/50 congestion area which is expected to cap and sustain rejection from the 186.30 high.