Published: 2026-04-02T13:42:24.000Z
Chart EUR/JPY Update: Limited tests higher
-
Little change, as prices extend choppy trade beneath congestion resistance at 184.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.22 | ** | 9 Feb (m) high | S1 | 183.00 | * | break level | |
| R3 | 185.00 | ** | break level | S2 | 182.00 | * | congestion | |
| R2 | 184.75~ | * | 25 Feb (w) high | S3 | 180.80/00 | ** | 12 Feb YTD low; cong | |
| R1 | 184.00 | * | congestion | S4 | 180.30 | ** | 38.2% ret of Jul-Jan rally |
Asterisk denotes strength of level
14:30 BST - Little change, as prices extend choppy trade beneath congestion resistance at 184.00. A tick higher in negative daily stochastics suggests room for a fresh test above here. But the flat daily Tension Indicator and mixed/negative weekly charts should limit scope in renewed selling interest/consolidation beneath the 184.75~ weekly high of 25 February. A close above here, however, would improve sentiment and extend February gains beyond 185.00 towards 186.22. Meanwhile, support remains at 183.00. A later break beneath here will add weight to sentiment and open up a test of congestion around 182.00.