Published: 2026-03-05T01:26:08.000Z
Chart EUR/JPY Update: Room for deeper pullback
1
Leaning lower in range as prices extend pullback from the 184.78 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | ** | 23 Jan YTD high | S1 | 182.00 | * | congestion | |
| R3 | 186.22 | * | 9 Feb high | S2 | 180.80 | ** | 12 Feb YTD low | |
| R2 | 184.78 | ** | 25 Feb high | S3 | 180.00 | ** | congestion | |
| R1 | 183.70/00 | * | congestion | S4 | 178.82 | * | Oct high |
Asterisk denotes strength of level
01:15 GMT - Leaning lower in range as prices extend pullback from the 184.78 high of last week and see scope for retest of the 182.00 level. Negative daily studies keeps pressure on the downside and suggest scope for break to return focus to the 180.80 low. Below this will extend the broader losses from the January high to retrace rally from the February 2025 year low. Meanwhile resistance is lowered to the 183.70/184.00 area which should cap and sustain losses from the 184.78 high.