Published: 2026-02-05T00:51:27.000Z
Chart EUR/JPY Update: Retracing January losses
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Break above resistance at the 184.00/10 area has seen follow-through to break the 185.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.30 | * | 50% 1979/2000 fall | S1 | 184.00 | * | congestion | |
| R3 | 186.87 | ** | 23 Jan YTD high | S2 | 183.00 | * | congestion | |
| R2 | 186.00 | * | congestion | S3 | 182.00 | * | congestion | |
| R1 | 185.55 | 14 Jan high | S4 | 181.78 | ** | Jan low |
Asterisk denotes strength of level
00:45 GMT - Break above resistance at the 184.00/10 area has seen follow-through to break the 185.00 level. Positive daily studies keeps pressure on the upside and higher will see room to resistance at 185.55 then the 186.00 level. Would expect reaction at the latter, while clearance will return focus to the 186.87 high. Meanwhile, support is raised to the 184.00 congestion. Would take break here to return focus to the downside for retest of the 182.00 congestion and the 181.78, January current year low.