Published: 2026-06-03T00:58:18.000Z
Chart EUR/JPY Update: Test strong resistance at 186.00/23
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Settled back in consolidation from test of strong resistance at the 186.00/23 congestion and 20 April low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 185.00/04 | ** | congestion, 6 May high | |
| R3 | 187.55 | * | 30 Apr high | S2 | 184.00 | ** | congestion, 14 May low | |
| R2 | 186.87 | * | Jan high | S3 | 183.50 | * | congestion | |
| R1 | 186.00/23 | ** | congestion, 20 Apr low | S4 | 183.00 | * | congestion |
Asterisk denotes strength of level
01:00 GMT - Settled back in consolidation from test of strong resistance at the 186.00/23 congestion and 20 April low. However, pressure remains on the upside and a later break cannot be ruled out to extend the bullish gains from the 182.00 May low. Higher, will see room to the retest the January high at 186.87 but potential will be seen for extension to the 187.55/187.95, April and YTD highs. Meanwhile, support is raised to the 185.00 congestion. Would take break here to ease the upside pressure and see room for deeper pullback to the strong support at the 184.00, congestion and 14 May low.