Published: 2026-05-26T13:03:09.000Z
Chart USD/JPY Update: Pressuring resistance - daily studies rising
1
Still little change
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.00 | ** | congestion | S1 | 158.00 | ** | congestion | |
| R3 | 160.72 | ** | 30 Apr YTD high | S2 | 157.00 | break level | ||
| R2 | 160.00 | ** | congestion | S3 | 156.00 | ** | congestion | |
| R1 | 159.00/35 | * | congestion; 21 May (w) high | S4 | 155.40 | ** | 61.8% ret of Feb-Mar rally |
Asterisk denotes strength of level
13:40 BST - Still little change, as prices extend consolidation within resistance at congestion around 159.00 and the 159.35 weekly high of 21 May. Daily readings continue to rise, highlighting room for further gains in the coming sessions. But mixed weekly charts should limit any fresh break above here in renewed consolidation within multi-week distribution beneath 160.00. Meanwhile, support remains at congestion around 158.00. A close beneath here, if seen, would turn sentiment neutral and prompt fresh consolidation above 157.00.