Published: 2026-01-09T01:06:17.000Z
Chart EUR/JPY Update: Weighing on 183.00 level
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Leaning lower from the December 2025 year high to pressure the 183.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 183.00 | congestion | ||
| 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
01:00 GMT - Leaning lower from the December 2025 year high to pressure the 183.00 level. Both the daily and weekly studies are unwinding overbought readings and see room for break here to extend pullback within the bullish channel from the February low. Lower will see room to strong support at the 182.00 level and extending to 181.50 congestion area. Lower still, will see scope to target the 180.00 level. Meanwhile, resistance at the 184.00 level is expected to cap and sustain rejection from the 184.92, December 2025 year high.