Published: 2026-10-12T00:51:09.000Z
Chart USD/JPY Update: Extend consolidation around 158.00
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Still little change, as prices extend consolidation around the 158.00 level and below the 200-day MA
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | ** | figure, congestion | S1 | 157.00 | * | congestion | |
| R3 | 159.75 | * | 61.8% Jul/Sep fall | S2 | 156.50/00 | * | congestion | |
| R2 | 159.00 | * | congestion | S3 | 155.00 | ** | May low, congestion | |
| R1 | 158.50 | * | 200-day MA | S4 | 154.00 | * | congestion |
Asterisk denotes strength of level
00:45 GMT - Still little change, as prices extend consolidation around the 158.00 level and below the 200-day MA. Would take break here expose the recent high at 159.00 to retest. Clearance here, if seen, will further extend the September gains and see room to strong resistance at 159.75/160.00 area. However, gains are expected to give way to renewed selling pressure later with support starting at the 157.00 congestion. Below here will return focus to the downside for retest of support at the 156.50/156.00 congestion and the 155.00, May low.