Published: 2026-01-07T00:48:55.000Z
Chart USD/JPY Update: Extend consolidation below 157.00
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Little change, as prices extend consolidation below resistance at 157.00 following rejection from 157.30, Monday's high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | * | figure | S1 | 156.00 | * | congestion | |
| R3 | 158.88 | ** | 10 Jan 2025 year high | S2 | 155.00 | * | congestion | |
| R2 | 157.78/90 | ** | Dec, Nov highs | S3 | 154.45/35 | ** | Dec lows | |
| R1 | 157.00 | * | congestion | S4 | 154.00 | congestion |
Asterisk denotes strength of level
00:45 GMT - Little change, as prices extend consolidation below resistance at 157.00 following rejection from 157.30, Monday's high. Close above these are needed to return focus to the 157.78/157.90, December/November highs, which is expected to cap. Meanwhile, support at the 156.00 congestion now underpin. Would take break here to fade the upside pressure and return focus to the downside for retest of support at the 155.00 congestion then the strong support at 154.40/35, December lows.