Published: 2026-06-29T01:30:47.000Z
Chart EUR/JPY Update: Back in consolidation above 184.00
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Bounce from above the 183.00 level last week see prices back in consolidation above the 184.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.30 | ** | 16 Jun high | S1 | 184.00 | * | congestion, 8 Jun low | |
| R3 | 186.00 | * | congestion | S2 | 183.00 | * | congestion | |
| R2 | 185.50 | * | congestion | S3 | 182.00 | ** | congestion, May low | |
| R1 | 185.00 | * | congestion | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:25 GMT - Bounce from above the 183.00 level last week see prices back in consolidation above the 184.00 level. However, this is expected to give way to fresh selling pressure later and return below 184.00 will see room for retest of the 183.17 low of last week and extend losses from the 186.30 high. Below 183.00 level will turn focus to the 182.00 May low and 180.80 February current year low. Meanwhile, resistance at the 185.00 congestion is expected to cap. Clearance here, but not expected, will open up room to 186.00/30 resistance.