Published: 2025-12-18T00:49:53.000Z
Chart USD/JPY Update: Turned up in consolidation at 154.45 support
-
Turned up from retest of 154.45 support as prices consolidate pullback from the 156.95 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.87 | ** | 10 Jan YTD high | S1 | 154.45 | ** | 30 Oct high | |
| R3 | 157.90 | ** | 20 Nov high | S2 | 154.00 | congestion | ||
| R2 | 156.95/00 | ** | 9 Dec high, congestion | S3 | 153.27 | ** | 10 Oct high | |
| R1 | 156.00 | * | congestion | S4 | 152.80 | * | Nov low |
Asterisk denotes strength of level
00:45 GMT - Turned up from retest of 154.45 support as prices consolidate pullback from the 156.95 high of last week. Above the 155.00 level see room for stronger bounce to resistance at the 156.00 congestion. Break here, if seen, will expose the 156.95 high to retest but this is expected to cap as correction gives way to renewed selling pressure later. Below the 154.45 support will extend the broader losses from the 157.90 November high and 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.