Published: 2026-04-29T01:17:02.000Z
Chart EUR/JPY Update: Lower in consolidation
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Leaning lower in consolidation from the 187.95 high to reach support at the 186.25/186.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 190.00 | * | figure | S1 | 186.25/00 | * | 20 Apr low, congestion | |
| R3 | 188.20 | ** | May 1990 yr high | S2 | 185.00 | * | congestion | |
| R2 | 187.95 | ** | 17 Apr YTD high | S3 | 184.75/50 | ** | 25 Feb high, congestion | |
| R1 | 187.35 | 21 Apr high | S4 | 184.00 | * | congestion |
Asterisk denotes strength of level
01:15 GMT - Leaning lower in consolidation from the 187.95 high to reach support at the 186.25/186.00 area. Would take break here to open up room for deeper pullback to retrace gains from the 180.80 February low. Lower will see extension to 185.00 level then the strong support at the 184.75/184.50, 25 February high and congestion area. Meanwhile, resistance is at the 187.35 high of last week. Clearance here will expose the 17 April current year high at 187.95 to retest and further extend the bullish gains from the 2025 year low.