Published: 2026-02-24T00:57:30.000Z
Chart USD/JPY Update: Consolidating above 154.00
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Lower in consolidation from resistance at the 155.50/156.00 area to retest the 154.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 157.75/90 | ** | Dec, Nov highs | S1 | 154.00 | * | congestion | |
| R3 | 157.00 | * | congestion | S2 | 153.00 | * | 23 Jan low | |
| R2 | 156.00 | * | congestion | S3 | 152.27 | * | 12 Feb low | |
| R1 | 155.50 | * | congestion | S4 | 152.10 | ** | 27 Jan YTD low |
Asterisk denotes strength of level
00:50 GMT - Lower in consolidation from resistance at the 155.50/156.00 area to retest the 154.00 level. Would take break here to return focus to the downside and see room to the 153.00 support. Below this will return focus to the February and January lows at 152.27/152.10 and where break will see room for deeper pullback to retrace gains from the April 2025 year low. Lower will see room to support at the 151.00 level and 150.00 figure. Meanwhile, resistance at the 155.50/156.00 congestion area is expected to cap.