Published: 2025-10-24T00:57:42.000Z
Chart USD/JPY Update: Extending gains, focus turn to 153.27 high
-
Break above the 152.00 level see prices extending gains from the 149.37 low to reach 152.80
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 154.80 | * | 12 Feb high | S1 | 152.00 | * | congestion | |
| R3 | 154.40 | * | 76.4% Jan/Apr fall | S2 | 150.92 | * | Aug high | |
| R2 | 154.00 | ** | congestion | S3 | 150.00 | * | figure, Sep high | |
| R1 | 153.27 | ** | 10 Oct high | S4 | 149.37 | ** | 17 Oct low |
Asterisk denotes strength of level
00:50 GMT - Break above the 152.00 level see prices extending gains from the 149.37 low to reach 152.80. Consolidation here expected to give way to fresh buying interest and see potential for retest of the 153.00 level and 153.27 high. Would expect reaction here, but a later break cannot be ruled out. Clearance, if seen, will further extend gains within the bull channel from the April low and see room to 154.00 congestion and 154.40, 76.4% Fibonacci level. Meanwhile, support is raised to 152.00 which should underpin. Break here will ease the upside pressure and see room for deeper pullback to 151.00/150.92 area.