Published: 2026-04-22T13:20:57.000Z
Chart USD/JPY Update: Higher in broad range
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Cautious trade has given way to a break back above 159.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 162.00 | * | historic congestion | S1 | 159.00 | * | congestion | |
| R3 | 161.00 | * | July 2024 congestion | S2 | 158.00 | ** | congestion | |
| R2 | 160.45 | ** | 30 Mar YTD high | S3 | 157.35/50 | ** | 38.2% ret; 19 Mar (w) low | |
| R1 | 160.00 | ** | historic congestion | S4 | 157.00 | * | congestion |
Asterisk denotes strength of level
13:55 BST - Cautious trade has given way to a break back above 159.00, with prices currently trading around 159.30. Rising daily readings highlight room for continuation towards congestion around 160.00. But negative weekly charts should limit any further strength in renewed selling interest beneath strong resistance at the 160.45 current year high of 30 March. Meanwhile, a break back below 159.00 should give way to fresh consolidation above further congestion around 158.00.