Published: 2025-12-17T00:53:46.000Z
Chart USD/JPY Update: Retest 154.45 support, room for lower
2
Under pressure as break of the 155.00 level extend pullback from the 156.95 high to retest strong support at 154.45, October high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 157.90 | ** | 20 Nov high | S1 | 154.45 | ** | 30 Oct high | |
| R3 | 156.95/00 | ** | 9 Dec high, congestion | S2 | 154.00 | congestion | ||
| R2 | 156.00 | * | congestion | S3 | 153.27 | ** | 10 Oct high | |
| R1 | 155.00 | * | congestion | S4 | 152.80 | * | Nov low |
Asterisk denotes strength of level
00:45 GMT - Under pressure as break of the 155.00 level extend pullback from the 156.95 high to retest strong support at 154.45, October high. Daily and weekly studies are tracking lower and highlights potential for break here to extend the broader losses from the 157.90, November high. Lower will see room for extension to the 154.00 level then the strong support at the 153.27/152.80, 10 October high and November low. Meanwhile, resistance is lowered to congestion at the 155.00/156.00 area which is expected to cap and sustain pullback from the high of last week.