Published: 2026-02-26T15:02:14.000Z
Chart EUR/JPY Update: Consolidating gains
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The pullback from the 184.75~ high of 25 February has reached congestion support at 184.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | ** | 23 Jan YTD high | S1 | 184.00 | * | congestion | |
| R3 | 186.22 | ** | 9 Feb (w) high | S2 | 183.00 | * | break level | |
| R2 | 185.00 | ** | break level | S3 | 182.00 | * | congestion | |
| R1 | 184.75~ | 25 Feb high | S4 | 181.00 | ** | congestion |
Asterisk denotes strength of level
14:40 GMT - The pullback from the 184.75~ high of 25 February has reached congestion support at 184.00, where short-term consolidation is appearing. Intraday studies are falling, suggesting room for a break beneath here. But rising daily readings should limit scope in renewed buying interest above 183.00, before negative weekly charts prompt deeper losses. Meanwhile, resistance remains up to 185.00. A break, if seen, is expected to fade beneath the 186.22 weekly high of 9 February.