Published: 2026-06-16T01:15:44.000Z
Chart EUR/JPY Update: Consolidating test of 186.00/23 resistance
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Gains from the 184.00 low has seen retest of strong resistance at the 186.00/23 area which is expected to cap
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 185.00 | * | congestion | |
| R3 | 187.55 | * | 30 Apr high | S2 | 184.65 | 11 Jun low | ||
| R2 | 186.87 | * | Jan high | S3 | 184.00 | ** | congestion, 8 Jun low | |
| R1 | 186.00/23 | ** | congestion, 20 Apr low | S4 | 183.70 | congestion |
Asterisk denotes strength of level
01:10 GMT - Gains from the 184.00 low has seen retest of strong resistance at the 186.00/23 area which is expected to cap. Break here, if seen, will open up room for extension towards the 186.87/187.00 resistance. Beyond this, but not expected, will expose the 187.55/95 April highs to retest. Meanwhile, support remains at the 185.00 congestion. Would take break here to see retest of 184.65 then the strong support at the 184.00 low. Break of the latter will return focus to the downside for retest of support at the 183.00/182.00 congestion.