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Published: 2026-04-30T01:19:10.000Z

Chart EUR/JPY Update: Lower in consolidation

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Bounce from support at the 186.25/186.00 area to regain the 187.00 level has seen prices back to retest the 187.35 resistance

 LevelsImpComment  LevelsImpComment
R4190.00*figure S1186.25/00*20 Apr low, congestion
R3188.20**May 1990 yr high S2185.00*congestion
R2187.95**17 Apr YTD high S3184.75/50**25 Feb high, congestion
R1187.35 21 Apr high S4184.00*congestion

Asterisk denotes strength of level

01:15 GMT - Bounce from support at the 186.25/186.00 area to regain the 187.00 level has seen prices back to retest the 187.35 resistance. Clearance here will expose the 17 April current year high at 187.95 to retest and further extend the bullish gains from the 2025 year low. Nearby will see scope to retest the May 1990 year high at 188.20. Clearance here will open up scope for extension to the 190.00 figure. Meanwhile, support at the 186.25/00 area should underpin. Would take break here to open up room for deeper pullback to retrace gains from the 180.80 February low.

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Topics
EUR/JPY-TA
DM-Technical
Technical Analysis

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