Published: 2026-05-25T00:52:32.000Z
Chart USD/JPY Update: Lower in consolidation below 159.00/159.45 resistance
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Weak start has seen prices gapping down to 158.75 low before turning up to approach the 159.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.72 | ** | 30 Apr YTD high | S1 | 158.60 | 18 May low | ||
| R3 | 160.00 | ** | figure, congestion | S2 | 158.00 | * | congestion | |
| R2 | 159.45 | * | Jan high | S3 | 157.50 | ** | congestion | |
| R1 | 159.00 | * | congestion | S4 | 157.00 | * | congestion |
Asterisk denotes strength of level
00:40 GMT - Weak start has seen prices gapping down to 158.75 low before turning up to approach the 159.00 level. However, this and resistance at the January high at 159.45 are expected to cap. Would take break to extend strong gains from the 155.00 low and see room to the 160.00 figure. Meanwhile, support is at the 158.60 low of last week. Would take break here to open up room for deeper pullback to the strong support at the 158.00/157.50 area. Below here will fade the upside pressure and open up room for deeper pullback to the 157.00/156.00 congestion area.