Published: 2026-05-06T01:23:48.000Z
Chart EUR/JPY Update: Higher in consolidation from 182.50/182.00 support
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Higher to extend bounce from support at the 182.50/182.00 congestion area to reach resistance at the 184.50/75 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.87 | * | Jan high | S1 | 183.50 | * | congestion | |
| R3 | 186.00/23 | ** | congestion, 20 Apr low | S2 | 182.50 | * | congestion | |
| R2 | 185.00 | * | congestion | S3 | 182.00 | ** | Nov high, congestion | |
| R1 | 184.50/75 | ** | congestion, 25 Feb high | S4 | 180.80 | ** | 12 Feb YTD low |
Asterisk denotes strength of level
01:15 GMT - Higher to extend bounce from support at the 182.50/182.00 congestion area to reach resistance at the 184.50/75 area. Break here will open up room for stronger gains to the 185.00 level and strong resistance at the 186.00/23 area. Gains are seen corrective and expected to give way to renewed selling pressure later to extend losses from the 187.95, 30 April current year high. Meanwhile, support is raised to 183.50 congestion and below here will expose support at the 182.50/182.00 area to retest. Break here willre turn focus to the 180.80, 12 February current year low.