Published: 2026-04-24T13:18:36.000Z
Chart USD/JPY Update: Consolidating
-
Still little change
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 162.00 | * | historic congestion | S1 | 159.00 | * | congestion | |
| R3 | 161.00 | * | July 2024 congestion | S2 | 158.00 | ** | congestion | |
| R2 | 160.45 | ** | 30 Mar YTD high | S3 | 157.35/50 | ** | 38.2% ret; 19 Mar (w) low | |
| R1 | 160.00 | ** | historic congestion | S4 | 157.00 | * | congestion |
Asterisk denotes strength of level
14:10 BST - Still little change, as prices extend consolidation following the break above 159.00. Rising daily readings highlight room for a test of congestion around 160.00. But negative weekly charts should limit any further strength in renewed selling interest beneath strong resistance at the 160.45 current year high of 30 March. Meanwhile, a break back below 159.00 should give way to fresh consolidation above further congestion around 158.00.