Published: 2026-10-14T01:03:11.000Z
Chart USD/JPY Update: Retains bullish bias above 158.00
1
Little change, as prices settled back in consolidation from the 158.75 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.40/50 | * | Sep high, congestion | S1 | 158.00 | * | congestion | |
| R3 | 160.00 | ** | figure, congestion | S2 | 157.00 | * | congestion | |
| R2 | 159.75 | * | 61.8% Jul/Sep fall | S3 | 156.50/00 | * | congestion | |
| R1 | 159.00 | * | congestion | S4 | 155.00 | ** | May low, congestion |
Asterisk denotes strength of level
00:50 GMT - Little change, as prices settled back in consolidation from the 158.75 high. However, bullish bias from the late-September low keep focus on the upside and further gains cannot be ruled out to the 159.00 level. Break here, if seen, will extend the September gains and see room to the 159.75, 61.8% Fibonacci retracement. However, gains are seen corrective of the July/September losses and expected to give way to renewed selling pressure. Meanwhile, support remains at the 158.00 congestion. Below here will ease the upside pressure and see room for consolidation back to support at the 157.00 congestion.