Published: 2026-06-24T01:00:45.000Z
Chart USD/JPY Update: Consolidating below 161.95 high
1
Little change, as prices settled back in consolidation from fresh year high at 161.92
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 164.95 | ** | Nov 1986 high | S1 | 161.00 | * | 19 Jun low | |
| R3 | 164.00 | * | Dec 1986 high | S2 | 160.72 | ** | Apr high | |
| R2 | 163.00 | * | congestion from Dec 1986 | S3 | 160.00 | * | figure | |
| R1 | 161.95 | ** | Jul 2024 multi-year high | S4 | 159.53 | * | 11 Jun low |
Asterisk denotes strength of level
00:50 GMT - Little change, as prices settled back in consolidation from fresh year high at 161.92. However, pressure remains on the upside and see potential to extend bullish gains from the 155.00 May low. Break above 161.95 multi-year high of July 2024 will extend the underlying bull trend and see room to 163.00/164.00 congestion area and high of December 1986. Meanwhile, support is raised to the 161.00/160.72 area which is expected to underpin. Would take break to eased the upside pressure and open up room for deeper corrective pullback to 160.00/159.53 support.