Published: 2026-07-03T13:47:52.000Z
Chart EUR/JPY Update: Under pressure
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The anticipated break below 185.00 has tested below congestion support at 184.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.32 | ** | 16 Jun (m) high | S1 | 184.00 | * | congestion | |
| R3 | 186.00 | ** | congestion | S2 | 183.50 | congestion | ||
| R2 | 185.50 | break level | S3 | 183.00 | ** | congestion | ||
| R1 | 185.00 | ** | break level | S4 | 182.00 | ** | congestion |
Asterisk denotes strength of level
14:35 BST - The anticipated break below 185.00 has tested below congestion support at 184.00, before bouncing back into consolidation above here. Both daily stochastics and the daily Tension Indicator have turned lower, highlighting a deterioration in near-term sentiment and room for further losses in the coming sessions. A close beneath here will add weight to sentiment. But a further close below 183.50 would confirm continuation of mid-June losses, and open up a test of congestion around 183.00. Meanwhile, resistance is lowered to 185.00 and should cap any immediate tests higher.