Published: 2026-11-06T00:56:08.000Z
Chart USD/JPY Update: Leaning lower in choppy trade
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Lower in choppy trade following rejection from the 158.77 Tuesday's high to retest support at 157.50 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.50 | * | congestion | S1 | 157.50 | * | congestion | |
| R3 | 160.00 | ** | figure, congestion | S2 | 157.00 | ** | congestion | |
| R2 | 159.45 | * | Jan high | S3 | 156.07/00 | ** | 23 Oct low, congestion | |
| R1 | 159.00 | ** | congestion, 24 Sep high | S4 | 155.00 | ** | May low |
Asterisk denotes strength of level
00:50 GMT - Lower in choppy trade following rejection from the 158.77 Tuesday's high to retest support at 157.50 congestion. Support remains at the 157.50/157.00 congestion area and see break here needed to return focus to the downside for retest of the 156.07 October low and threaten deeper pullback to the 155.00 support. Meanwhile, resistance remains at the 158.77 high. Would take break here to open up room for retest of strong resistance at the 159.00 level which is expected to cap. Clearance here, if seen, will open up room for retest of 159.45 January high and the 160.00 level.