Published: 2026-02-25T01:02:58.000Z
Chart USD/JPY Update: Consolidating test of 156.00
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Consolidating test of the 156.00 level but pressure remains on the upside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.87 | ** | Jan 2025 yr high | S1 | 155.00 | * | congestion | |
| R3 | 157.75/90 | ** | Dec, Nov highs | S2 | 154.00 | * | 23 Feb low | |
| R2 | 157.00 | * | congestion | S3 | 153.00 | * | congestion | |
| R1 | 156.00 | * | congestion | S4 | 152.10 | ** | 27 Jan YTD low |
Asterisk denotes strength of level
00:50 GMT - Consolidating test of the 156.00 level but pressure remains on the upside and see scope for break here to extend Monday's bounce from the 154.00 level. Clearance will see room for extension to the 157.00 congestion then the strong resistance at 157.75/90 area which is expected to cap and give way to renewed selling pressure later. Meanwhile, support is raised to the 155.00 congestion. Would take break here to ease the upside pressure and see room for consolidation back to support at the 154.00 level.