Published: 2025-12-24T09:07:07.000Z
Chart USD/JPY Update: Leaning lower in choppy trade
2
Anticipated minor tests higher have not been seen
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.88 | ** | 10 Jan YTD high | S1 | 155.00 | * | break level | |
| R3 | 157.90/00 | * | 20 Nov (m) high; break level | S2 | 154.34 | * | 5 Dec (w) low | |
| R2 | 157.00 | minor congestion | S3 | 154.00 | * | congestion | ||
| R1 | 156.00 | * | congestion | S4 | 153.15 | * | 38.2% ret of Sep-Nov rally |
Asterisk denotes strength of level
08:55 GMT - Anticipated minor tests higher have not been seen, as choppy trade gives way to a break below 156.00 and consolidation around 155.75. Daily readings have turned down and broader weekly charts are under pressure, highlighting room for further losses in the coming sessions. Support is at the 155.00 break level. But a close below the 154.34 weekly low of 5 December will turn sentiment negative and confirm continuation of late-November losses. Meanwhile, any immediate tests above congestion resistance at 156.00 should meet renewed selling interest towards congestion around 157.00.