Published: 2026-07-24T13:19:08.000Z
Chart EUR/JPY Update: Consolidating - background studies rising
1
Little change, as prices extend cautious trade following the pullback from the 186.65 high of 23 July
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 186.00 | ** | congestion | |
| R3 | 187.00 | * | congestion | S2 | 185.50 | break level | ||
| R2 | 186.65~ | 23 Jul high | S3 | 185.00 | ** | break level | ||
| R1 | 186.32 | ** | 16 Jun (m) high | S4 | 184.00 | * | congestion |
Asterisk denotes strength of level
14:10 BST - Little change, as prices extend cautious trade following the pullback from the 186.65 high of 23 July. Overbought daily stochastics are flat, suggesting room for further cautious trade, before the positive daily Tension Indicator and rising weekly charts prompt fresh gains. A close back above the 186.32 monthly high of 16 June will improve sentiment and extend May gains initially towards congestion around 187.00. Meanwhile, support remains at congestion around 186.00 and extends to 185.50. This range should underpin any immediate setbacks.