Published: 2026-01-30T00:48:38.000Z
Chart USD/JPY Update: Range-bound in consolidation above 152.10 low
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Range-bound above the 152.10 low as prices extend consolidation to unwind oversold intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 155.60 | ** | 23 Jan low, gap | S1 | 152.00 | * | 38.2% Apr/Jan rally | |
| R3 | 155.00 | * | congestion | S2 | 150.92 | ** | Aug high | |
| R2 | 154.35/40 | * | Dec lows | S3 | 150.00 | ** | figure, congestion | |
| R1 | 154.00 | * | congestion | S4 | 149.65 | * | 50% Apr/Jan rally |
Asterisk denotes strength of level
00:40 GMT - Range-bound above the 152.10 low as prices extend consolidation to unwind oversold intraday and daily studies. Bounce see resistance at the 154.00 level and this extend to the 154.35/40 December lows which are expected to cap. Break here, if seen, will open up room for stronger bounce to the Fridays's low and gap area at 155.60. Corrective bounce expected to give way to renewed selling pressure later. Below 152.10 low and the 152.00, 38.2% Fibonacci level, will open up room for extension to support at 150.92, August high.