Published: 2026-04-06T01:02:28.000Z
Chart USD/JPY Update: Rebound return focus to 160.46 high
1
No follow-through on break of the 159.45/159.00 support and rebound from the 158.27 low to regain these revive upside focus
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.95 | ** | Jul 2024 multi-year high | S1 | 159.45 | * | Jan high | |
| R3 | 161.00 | * | congestion | S2 | 159.00 | * | congestion | |
| R2 | 160.46 | ** | 30 Mar YTD high | S3 | 158.27/00 | ** | congestion | |
| R1 | 160.00 | * | congestion | S4 | 157.50 | ** | 19 Mar low |
Asterisk denotes strength of level
00:50 GMT - No follow-through on break of the 159.45/159.00 support and rebound from the 158.27 low to regain these revive upside focus. Bullish structure from the 152.10 January current year low suggest scope for retest of the 160.00 figure and 160.46 high. Would expect reaction here but a later clearance cannot be ruled out. Break here will open up scope to 161.00 level then 161.95, 2024 year high. Meanwhile, support is back to the 159.45/159.00 area which extend to the 158.27 low. Would take break of these to see room for deeper pullback to the 157.50 support.