Published: 2025-12-23T01:11:43.000Z
Chart USD/JPY Update: Lower in consolidation
4
Turned lower from beneath the 157.90 November high as prices consolidate rally from the 154.45 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.95 | ** | Jul 2024 year high | S1 | 157.00 | congestion | ||
| R3 | 160.00 | * | figure | S2 | 156.00 | ** | congestion | |
| R2 | 158.87 | ** | 10 Jan YTD high | S3 | 155.00 | * | congestion | |
| R1 | 157.90 | ** | 20 Nov high | S4 | 154.45/35 | ** | Oct high, 5 Dec low |
Asterisk denotes strength of level
01:00 GMT - Turned lower from beneath the 157.90 November high as prices consolidate rally from the 154.45 support. Pullback below the 157.00 level see room to the strong support at the 156.00 level which is expected to underpin. Positive daily studies suggest consolidation to give way to renewed buying interest later for retest of the 157.76/157.90 highs. Break here will turn focus to the 158.87, 10 January YTD high. Would take break of the 156.00 level to fade the upside pressure and return focus to the 155.00/154.45 support.