Published: 2026-04-01T13:52:03.000Z
Chart EUR/JPY Update: Pushing higher, but studies remain under pressure
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Choppy trade has given way to further gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.22 | ** | 9 Feb (m) high | S1 | 183.00 | * | break level | |
| R3 | 185.00 | ** | break level | S2 | 182.00 | * | congestion | |
| R2 | 184.75~ | * | 25 Feb (w) high | S3 | 180.80/00 | ** | 12 Feb YTD low; cong | |
| R1 | 184.00 | * | congestion | S4 | 180.30 | ** | 38.2% ret of Jul-Jan rally |
Asterisk denotes strength of level
14:40 BST - Choppy trade has given way to further gains, with EUR-driven trade currently pressuring congestion resistance at 184.00. Rising intraday studies highlight room for a test above here. But negative daily readings and mixed/negative weekly charts should limit scope in renewed selling interest/consolidation beneath the 184.75~ weekly high of 25 February. A close above here, however, would improve sentiment and extend February gains beyond 185.00 towards 186.22. Meanwhile, support remains at 183.00. A later break beneath here will add weight to sentiment and open up a test of congestion around 182.00.