Published: 2025-10-27T00:48:41.000Z
Chart USD/JPY Update: Consolidating below 153.27 high, scope for break
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Gains have reached the 153.00 level and break here see the 153.27 high now within reach
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 154.80 | * | 12 Feb high | S1 | 152.00 | * | congestion | |
| R3 | 154.40 | * | 76.4% Jan/Apr fall | S2 | 150.92 | * | Aug high | |
| R2 | 154.00 | ** | congestion | S3 | 150.00 | * | figure, Sep high | |
| R1 | 153.27 | ** | 10 Oct high | S4 | 149.37 | ** | 17 Oct low |
Asterisk denotes strength of level
00:40 GMT - Gains have reached the 153.00 level and break here see the 153.27 high now within reach. Consolidation here is expected to give way to break later to further extend gains within the bull channel from the April low and see room to 154.00 congestion. Higher still, will see room to target the 154.40, 76.4% Fibonacci level. Meanwhile, support remains at the 152.00 which should underpin. Failure to hold this support will ease the upside pressure and see room for pullback to strong support at 151.00/150.92 area.