Published: 2026-01-12T01:19:09.000Z
Chart EUR/JPY Update: Limited break below 183.00
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Limited break of the 183.00 level has given way to bounce at the 182.65 low as prices unwind oversold daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 182.65 | ** | 8 Jan low | |
| R3 | 186.00 | * | congestion | S2 | 182.00 | * | Nov high | |
| R2 | 184.92/00 | ** | Dec 2025 yr high, congestion | S3 | 181.50 | ** | congestion | |
| R1 | 184.00 | * | congestion | S4 | 180.00 | * | congestion |
Asterisk denotes strength of level
01:10 GMT - Limited break of the 183.00 level has given way to bounce at the 182.65 low as prices unwind oversold daily studies. Resistance is at the 184.00 level and clearance here will expose the 184.92 high to retest. Clearance here, if seen, will further extend gains within the bullish channel from the February low and see room to the 186.00 level. Meanwhile, support at the 183.00/182.65 area should underpin. Would take break here to open up room for deeper corrective pullback to strong support at the 182.00 November high and extending to 181.50 congestion area.