Published: 2026-06-26T13:39:28.000Z
Chart EUR/JPY Update: Sharp EUR-driven gains to give way to consolidation
1
The anticipated break above 184.00 is extending in EUR-driven trade
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 186.32 | ** | 16 Jun (w) high | S1 | 184.00 | * | congestion | |
| R3 | 186.00 | ** | congestion | S2 | 183.50 | congestion | ||
| R2 | 185.50 | break level | S3 | 183.00 | * | congestion | ||
| R1 | 185.00 | ** | break level | S4 | 182.00 | ** | break level |
Asterisk denotes strength of level
14:20 BST - The anticipated break above 184.00 is extending in EUR-driven trade, with prices currently trading around 184.65. Rising intraday studies and a tick higher in oversold daily stochastics highlight potential for a test of resistance at 185.00. But the negative daily Tension Indicator and bearish weekly charts should limit any further gains, if seen, in renewed selling interest beneath 185.00. Meanwhile, support is raised to congestion around 184.00. But a close below congestion around 183.50 is needed to add weight to sentiment and extend mid-June losses initially towards congestion around 183.00.