Published: 2026-03-31T01:24:00.000Z
Chart EUR/JPY Update: Lower in consolidation
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Consolidation below resistance at 184.78 has given way to pullback to support at the 183.00/182.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | ** | 23 Jan YTD high | S1 | 183.00 | * | congestion | |
| R3 | 186.00/22 | * | congestion, 9 Feb high | S2 | 182.00 | * | congestion | |
| R2 | 184.65/78 | ** | 27 Mar, 25 Feb highs | S3 | 180.80 | ** | 12 Feb YTD low | |
| R1 | 184.00 | * | congestion | S4 | 180.00 | ** | congestion |
Asterisk denotes strength of level
01:15 GMT - Consolidation below resistance at 184.78 has given way to pullback to support at the 183.00/182.00 area. Daily studies have turned down from overbought areas and suggest scope for break of the here to open up room for deeper pullback to retest the 180.80, 12 February current year low. Below this will see room for deeper pullback to retrace the strong February 2025/January rally. Meanwhile, resistance is lowered to 184.00 congestion which should cap and sustain losses from the 184.65 high of last week.