Published: 2026-01-06T00:49:20.000Z
Chart USD/JPY Update: Settled back in consolidation below 157.00
3
No follow-through on break above the 157.00 resistance as prices settled back to consolidate within the 157.00/156.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | * | figure | S1 | 156.00 | * | congestion | |
| R3 | 158.88 | ** | 10 Jan 2025 year high | S2 | 155.00 | * | congestion | |
| R2 | 157.78/90 | ** | Dec, Nov highs | S3 | 154.45/35 | ** | Dec lows | |
| R1 | 157.00 | * | congestion | S4 | 154.00 | congestion |
Asterisk denotes strength of level
00:45 GMT - No follow-through on break above the 157.00 resistance as prices settled back to consolidate within the 157.00/156.00 area. Close above the 157.00 level needed to return focus to the 157.78/157.90, December/November highs, which is expected to cap. Clearance here, if seen, will expose the 158.88, January 2025 year high to retest. Meanwhile, support at the 156.00 congestion now underpin. Would take break here to fade the upside pressure and open up room for pullback to the 155.00 congestion then the strong support at 154.45/35, December lows.