Published: 2025-10-29T01:03:39.000Z
Chart USD/JPY Update: Under pressure, room to 151.00/150.92 support
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Extending pullback from the 153.27 high as prices unwind overbought intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 154.40 | * | 76.4% Jan/Apr fall | S1 | 151.00 | * | congestion | |
| R3 | 154.00 | ** | congestion | S2 | 150.92 | ** | Aug high | |
| R2 | 153.27 | ** | 10 Oct high | S3 | 150.00 | * | figure, Sep high | |
| R1 | 152.56 | 27 Oct low | S4 | 149.37 | ** | 17 Oct low |
Asterisk denotes strength of level
00:50 GMT - Extending pullback from the 153.27 high as prices unwind overbought intraday and daily studies. Break of the 152.00 level opens up room for deeper pullback to retrace gains from the 149.37 low. Lower will see room to the strong support at the 151.00/150.92 congestion and August high where reaction can be expected. Failure to hold this will threatens deeper pullback to retest 150.00 figure and 149.37 low. Meanwhile, resistance is lowered to 152.56 ahead of the 153.27 high. Break of these needed to further extend gains from the April current year low.