Published: 2026-02-24T14:13:43.000Z
Chart USD/JPY Update: Higher in both USD- and JPY-driven trade
1
Cautious trade has given way to steady gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 159.00 | * | congestion | S1 | 155.00 | * | break level | |
| R3 | 158.00 | * | break level | S2 | 154.00 | * | congestion | |
| R2 | 157.50 | * | congestion | S3 | 152.50 | * | congestion | |
| R1 | 156.00 | * | congestion | S4 | 152.10~ | ** | 27 Jan YTD low |
Asterisk denotes strength of level
13:50 GMT - Cautious trade has given way to steady gains, with prices currently pressuring congestion resistance at 156.00 in both USD- and JPY-driven trade. Rising daily readings highlight room for a test above here. But broader weekly charts are under pressure, highlighting room for renewed selling interest towards further congestion around 157.50. Meanwhile, support is raised to 155.00. A close beneath here, if seen, will stabilise price action and give way to consolidation above congestion around 154.00.