Published: 2025-12-15T00:48:03.000Z
Chart USD/JPY Update: Consolidating, room for lower later
1
Bounce from the 155.00 level has seen gains to retest resistance at the 156.00 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.87 | ** | 10 Jan YTD high | S1 | 155.00 | * | congestion | |
| R3 | 157.90 | ** | 20 Nov high | S2 | 154.45 | ** | 30 Oct high | |
| R2 | 156.95/00 | ** | 9 Dec high, congestion | S3 | 154.00 | congestion | ||
| R1 | 156.00 | * | congestion | S4 | 153.27 | ** | 10 Oct high |
Asterisk denotes strength of level
00:40 GMT - Bounce from the 155.00 level has seen gains to retest resistance at the 156.00 congestion. Daily studies have turned mixed and suggest consolidation here likely before giving way to renewed selling pressure to extend pullback from the 156.95 high of last week. While the latter caps scope is seen for retest of the 155.00 level and strong support at 154.45. Break of these will see room for deeper pullback to retrace gains from the 145.50 September low. Lower will see room for extension to the strong support at the 153.27/152.80 area.