Published: 2026-10-26T01:05:05.000Z
Chart USD/JPY Update: Consolidating at 157.00/50 resistance
1
Turned up from retest of the 156.50/156.00 support as prices consolidate losses from retest of the 159.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 159.00 | ** | congestion | S1 | 156.50 | * | congestion | |
| R3 | 158.50 | * | congestion | S2 | 156.00 | * | congestion | |
| R2 | 158.00 | ** | figure, congestion | S3 | 155.00 | ** | May low, congestion | |
| R1 | 157.50 | * | congestion | S4 | 154.00 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Turned up from retest of the 156.50/156.00 support as prices consolidate losses from retest of the 159.00 resistance. Above the 157.00 level see room to strong resistance at 157.50 congestion which is expected to cap. Clearance here will open up room for return to the 158.00 level. Consolidation is expected to give way to renewed selling pressure later to retest the 156.50/.156.00 support. Break here will open up room for retest of strong support at the 155.00, May low. Below the latter will return focus to the 152.90/152.10. September and January lows.