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Published: 2026-05-20T00:59:33.000Z

Chart EUR/JPY Update: Extend choppy trade beneath 185.45

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No follow-through on break above the 185.00 level to leave resistance at the 185.45 high of 12 May unchallenged

 LevelsImpComment  LevelsImpComment
R4187.55/95**30, 17 Apr YTD highs S1184.00*congestion
R3186.87*Jan high S2183.50*congestion
R2186.00/23**congestion, 20 Apr low S3183.00*congestion
R1185.45**12 May high S4182.00**Nov high, congestion

Asterisk denotes strength of level

00:50 GMT - No follow-through on break above the 185.00 level to leave resistance at the 185.45 high of 12 May unchallenged. Daily studies have turned mixed and suggest the latter keeping out of reach as prices settled back in consolidation within the 185.00/184.00 area. Meanwhile, support remains at the 184.00 congestion. Would take break here to return focus to the downside for retest of the 183.50/183.00 congestion area. Below here will return focus to the downside for retest of the 182.00 low of 6 May and see scope to extend losses from the 187.95 April YTD high.

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Topics
EUR/JPY-TA
DM-Technical
Technical Analysis

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