Published: 2026-06-10T01:01:52.000Z
Chart EUR/JPY Update: Consolidating, room for lower later
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Turned up from the 184.00 level has seen bounce to test resistance at the 185.00/45 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 184.00 | ** | congestion, 14 May low | |
| R3 | 186.87 | * | Jan high | S2 | 183.70 | * | congestion | |
| R2 | 186.00/23 | ** | congestion, 20 Apr low | S3 | 183.00 | * | congestion | |
| R1 | 185.00/45 | * | congestion, 12 May high | S4 | 182.00 | ** | congestion, May low |
Asterisk denotes strength of level
01:00 GMT - Turned up from the 184.00 level has seen bounce to test resistance at the 185.00/45 area. Negative daily studies suggest this area expected to cap and give way to fresh selling pressure later. Below 184.00 will see room to support at the 183.70 congestion. Break of the latter will return focus to the downside and see extension to support at 183.00 congestion then the 182.00 May low. Meanwhile, resistance at 185.00/45 congestion and 12 May high is expected to cap. Clearance here will expose the strong resistance at the 186.00/23 area to retest.