Published: 2026-04-13T01:12:04.000Z
Chart USD/JPY Update: Poised for retest of 160.00 figure
1
Gapped up opening above resistance at 159.45 return focus to the 160.00 figure
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.95 | ** | July 2024 yr high | S1 | 159.00 | * | congestion | |
| R3 | 161.00 | * | congestion | S2 | 158.27/00 | ** | 1 Apr low, congestion | |
| R2 | 160.46 | ** | 30 Mar YTD high | S3 | 157.50 | ** | 19 Mar low | |
| R1 | 160.00 | * | figure, congestion | S4 | 157.25 | * | 38.2% Jan/Mar rally |
Asterisk denotes strength of level
01:00 GMT - Gapped up opening above resistance at 159.45 return focus to the 160.00 figure. Mixed daily studies suggest this level should continue to keep gains in check and further extend consolidation here. Break, if seen, will expose the 160.46 March current year high to retest and see room to extend the underlying bull trend from the 2011 low. Meanwhile, support is raised to the 159.45/159.00 area which should underpin and sustain bounce from support at the 158.00 congestion.