Published: 2026-07-03T01:25:09.000Z
Chart EUR/JPY Update: Under pressure, scope to retest 183.17 June low
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Under pressure as prices turn sharply lower from the 185.85 Tuesday high to reach the 184.00 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.30 | ** | 16 Jun high | S1 | 184.00 | * | congestion, 8 Jun low | |
| R3 | 186.00 | * | congestion | S2 | 183.17/00 | ** | Jun low, congestion | |
| R2 | 185.85 | ** | 30 Jun high | S3 | 182.00 | ** | congestion, May low | |
| R1 | 185.00 | * | congestion | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:15 GMT - Under pressure as prices turn sharply lower from the 185.85 Tuesday high to reach the 184.00 support. Break here will expose the 183.17 low to retest. Break here and the trendline from the February low at 182.90 will turn focus to 182.00 and 180.80, May and February current year lows. Below these will trigger a 6-month top pattern at the 187.95 high and see deeper pullback to retrace gains from the 2025 year low. Meanwhile, resistance at the 185.00 level is expected to cap and sustain rejection from the 185.85 high.