Published: 2026-03-26T01:01:46.000Z
Chart USD/JPY Update: Scope to retest 159.75/90 highs
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Bounce from the 157.50 low of last week to regain the 159.00 level has seen gains to retest the 159.45, January high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.00 | * | congestion | S1 | 158.00 | * | congestion | |
| R3 | 160.00 | * | congestion | S2 | 157.50 | ** | 19 Mar low | |
| R2 | 159.90 | ** | 18 Mar YTD high | S3 | 157.00 | * | congestion | |
| R1 | 159.45 | * | January high | S4 | 156.45 | * | 5 Mar low |
Asterisk denotes strength of level
00:50 GMT - Bounce from the 157.50 low of last week to regain the 159.00 level has seen gains to retest the 159.45, January high. Daily studies remains mixed but bullish momentum from the February low suggest scope for break here will see room to retest the 159.90, 18 March current year high. Break here, if seen, will turn focus to the 161.00 level then the 161.95, July 2024 multi-year high. Meanwhile, support at the 158.00/157.50 congestion and low of last week should now underpin and sustain bullish gains from the 152.27, February low.