Published: 2026-08-19T01:11:19.000Z
Chart EUR/JPY Update: Still bullish but stretched
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Still bullish as prices retrace the sharp July/August losses to reach strong resistance at 184.92/185.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.30 | ** | Jun high | S1 | 184.00 | * | congestion | |
| R3 | 186.00 | * | congestion | S2 | 183.15/00 | * | Jun low, congestion | |
| R2 | 185.50 | * | congestion | S3 | 182.00 | * | congestion, May low | |
| R1 | 184.92/00 | ** | Dec high, congestion | S4 | 180.80 | ** | Feb low |
Asterisk denotes strength of level
02:10 GMT - Still bullish as prices retrace the sharp July/August losses to reach strong resistance at 184.92/185.00 area. Consolidation here see prices unwinding overbought intraday and daily studies but a later break here cannot be ruled out. Clearance, if seen, will see room for extension to strong resistance at the 186.00/30 congestion and June high. Meanwhile, support is at the 184.50/184.00 congestion area. Would take break here to ease the upside pressure and open up room for deeper pullback to support at the 183.15/00 area.