Published: 2026-06-25T00:50:56.000Z
Chart USD/JPY Update: Extend consolidation beneath 161.95 resistance
-
Little change, as prices extend consolidation below the 161.93 fresh year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 164.95 | ** | Nov 1986 high | S1 | 161.00 | * | 19 Jun low | |
| R3 | 164.00 | * | Dec 1986 high | S2 | 160.72 | ** | Apr high | |
| R2 | 163.00 | * | congestion from Dec 1986 | S3 | 160.00 | * | figure | |
| R1 | 161.95 | ** | Jul 2024 multi-year high | S4 | 159.53 | * | 11 Jun low |
Asterisk denotes strength of level
00:50 GMT - Little change, as prices extend consolidation below the 161.93 fresh year high. However, pressure remains on the upside and see potential to extend bullish gains from the 155.00 May low. Break above the 161.95 multi-year high of July 2024 to will extend the underlying bull trend and see room towards 163.00/164.00 congestion area and high of December 1986. Meanwhile, support is raised to the 161.00/160.72 area which should underpin. Would take break here to ease the upside pressure and open up room for deeper corrective pullback to 160.00/159.53 support.