Published: 2025-12-16T00:51:04.000Z
Chart USD/JPY Update: Under pressure, 155.00/154.45 support at risk
2
Still limited on probes below the 155.00 level but pressure building on the downside and see risk for break of the 155.00/154.45 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.87 | ** | 10 Jan YTD high | S1 | 155.00 | * | congestion | |
| R3 | 157.90 | ** | 20 Nov high | S2 | 154.45 | ** | 30 Oct high | |
| R2 | 156.95/00 | ** | 9 Dec high, congestion | S3 | 154.00 | congestion | ||
| R1 | 156.00 | * | congestion | S4 | 153.27 | ** | 10 Oct high |
Asterisk denotes strength of level
00:45 GMT - Still limited on probes below the 155.00 level but pressure building on the downside and see risk for break of the 155.00/154.45 support. Negative daily and weekly studies highlights potential for break here to extend the broader losses from the 157.90, November high. Lower will see room for extension to the 154.00 level then the strong support at the 153.27/152.80 area. Meanwhile, resistance is lowered to congestion at the 156.00 level which is expected to cap and sustain pullback from the 156.95 high of last week.