Published: 2026-05-25T01:08:25.000Z
Chart EUR/JPY Update: Higher in consolidation
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Firm opening has seen prices back retest the 185.00 level before settling back in consolidation
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.55/95 | ** | 30, 17 Apr YTD highs | S1 | 184.00 | * | congestion | |
| R3 | 186.87 | * | Jan high | S2 | 183.50 | * | congestion | |
| R2 | 186.00/23 | ** | congestion, 20 Apr low | S3 | 183.00 | * | congestion | |
| R1 | 185.00/45 | ** | congestion, 12 May high | S4 | 182.00 | ** | Nov high, congestion |
Asterisk denotes strength of level
01:00 GMT - Firm opening has seen prices back retest the 185.00 level before settling back in consolidation. Would take break here and the 185.45 high of 12 May to open up room for extension to retest strong resistance at the 186.00/23 area which is expected to cap. Meanwhile, support remains at the 184.00 congestion. Would take break here to turn focus lower to retrace gains from the 182.00 low of 6 May to the support at the 183.50/183.00 congestion area. Below here will return focus to the downside for retest of the 182.00 low and see scope to extend losses from the 187.95 April YTD high.