Published: 2026-01-06T01:14:40.000Z
Chart EUR/JPY Update: Leaning lower from 184.92 high
1
No follow-through on break of the 183.15 support but pressure building on the downside from the 184.92 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 188.00 | ** | May 1990 year high | S1 | 183.15 | * | 12 Dec high | |
| 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 - No follow-through on break of the 183.15 support but pressure building on the downside from the 184.92 high. Daily and weekly studies are unwinding overbought readings and break of the 183.15 support will see room for deeper corrective pullback within the bullish channel from the February low. Lower will see room to strong support starting at the 182.00 level and extending to 181.50 congestion area. Meanwhile, resistance is lowered to the 184.00 level which is expected to cap and sustain rejection from the 184.92, December 2025 year high.