Published: 2026-08-12T00:48:47.000Z
Chart USD/JPY Update: Hovering beneath 159.45 resistance
2
Little change, as prices extend consolidation beneath the 159.45 January high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.00 | * | congestion | S1 | 158.00 | * | congestion | |
| R3 | 160.50 | ** | congestion, Mar high | S2 | 157.00 | * | congestion | |
| R2 | 160.00 | * | figure, congestion | S3 | 156.00 | * | congestion | |
| R1 | 159.45 | ** | Jan high | S4 | 155.22/00 | ** | 3 Aug, May low |
Asterisk denotes strength of level
00:45 GMT - Little change, as prices extend consolidation beneath the 159.45 January high. The daily stuides are still tracking higher, having turned up from oversold areas and suggest scope for break here to extend gains from the 155.22 low. Clearance will open up room to the 160.00 figure then 160.50 congestion and March high. However, corrective gains are expected to give way to fresh selling pressure later with support raised to the 158.50/158.00 congestion area. Would take break here to return focus to the downside for retest of support at 157.00/156.65 area and 156.00.