Published: 2026-07-15T00:41:59.000Z
Chart USD/JPY Update: Extend choppy trade around 162.00
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Little change, as prices extend choppy trade around the 162.00 level but remains below the 162.70/162.84 recent highs
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 164.00 | * | Dec 1986 high | S1 | 161.28/00 | * | 10 Jul low, congestion | |
| R3 | 163.00 | * | congestion from Dec 1986 | S2 | 160.72 | * | Apr high | |
| R2 | 162.84 | ** | 1 Jul multi-yr high | S3 | 160.48 | ** | 3 Jul low | |
| R1 | 162.50 | * | congestion | S4 | 160.00 | ** | congestion |
Asterisk denotes strength of level
00:35 GMT - Little change, as prices extend choppy trade around the 162.00 level but remains below the 162.70/162.84 recent highs. Mixed daily studies see further ranging action below here though bullish structure suggest potential for break going forward. Clearance will extend the underlying bull trend and see room to the 163.00/164.00 congestion and high of December 1986. Meanwhile, support remains at the 161.28/161.00 area and 160.48 low of 3 July. Would take break of these to fade the upside pressure and see deeper pullback to retrace strong gains from the May low.