Published: 2026-08-13T01:45:01.000Z
Chart EUR/JPY Update: Extend consolidation beneath 184.00
1
Remains below the 184.00 resistance as prices consolidate strong gains from the 179.35 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.00 | * | congestion | S1 | 183.17/00 | * | Jun low, congestion | |
| R3 | 184.92/00 | ** | Dec high, congestion | S2 | 182.00 | * | congestion, May low | |
| R2 | 184.35 | * | 61.8% Jul/Aug fall | S3 | 180.80 | ** | Feb low | |
| R1 | 184.00 | * | congestion | S4 | 180.00 | * | congestion |
Asterisk denotes strength of level
01:40 GMT - Remains below the 184.00 resistance as prices consolidate strong gains from the 179.35 low. Daily studies are still tracking higher from oversold areas and suggest scope for break here to open up room to the 184.35, 61.8% Fibonacci level. Higher still, if seen, will see scope to retest 184.92 December high and 185.00 level but corrective gains are expected to give way to renewed selling pressure later. Meanwhile, support remains at the 183.17/00 area. Would take break here to open up room back to support at the 182.00/180.80, May and February lows.