Published: 2025-12-30T09:03:32.000Z
Chart USD/JPY Update: Studies under pressure
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Little change, as prices extend cautious trade above congestion support at 156.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | ** | congestion | S1 | 156.00 | * | congestion | |
| R3 | 158.88 | ** | 10 Jan YTD high | S2 | 155.00 | * | break level | |
| R2 | 157.90/00 | * | 20 Nov (m) high; break level | S3 | 154.34 | * | 5 Dec (w) low | |
| R1 | 157.00 | minor congestion | S4 | 154.00 | * | congestion |
Asterisk denotes strength of level
08:50 GMT - Little change, as prices extend cautious trade above congestion support at 156.00. Intraday studies are turning down, however, and daily readings are under pressure, suggesting room for a test lower in the coming sessions. A break beneath here will open up 155.00. Broader weekly charts are also under pressure, but a close below the 154.34 weekly low of 5 December is needed to turn sentiment negative and confirm continuation of late-November losses. Meanwhile, resistance remains at congestion around 157.00 and should cap any immediate tests higher.