Published: 2026-01-09T00:58:32.000Z
Chart USD/JPY Update: Higher to retest 157.00/30
3
Edging higher in consolidation within the Monday's range to pressure resistance at the 157.00/30 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | * | figure | S1 | 156.00 | * | congestion | |
| R3 | 158.88 | ** | 10 Jan 2025 year high | S2 | 155.00 | * | congestion | |
| R2 | 157.78/90 | ** | Dec, Nov highs | S3 | 154.45/35 | ** | Dec lows | |
| R1 | 157.00/30 | * | congestion, 5 Jan high | S4 | 154.00 | congestion |
Asterisk denotes strength of level
00:50 GMT - Edging higher in consolidation within the Monday's range to pressure resistance at the 157.00/30 area. Break here cannot be ruled out but gains are expected to give way to selling pressure on retest of the 157.78/157.90, December/November highs. Clearance, but not expected, will extend the April gains and turn focus to the 158.88, January 2025 year high. Meanwhile, support at the 156.00 congestion now underpin. Would take break here to fade the upside pressure and open up room for pullback to retest of support at 155.00 congestion then the 154.40/35, December lows.