Published: 2025-10-28T00:50:41.000Z
Chart USD/JPY Update: Consolidating retest of 153.27 high
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Settling back from retest of the 153.27 high as prices unwind overbought intraday and daily studies and consolidate gains from the 149.37 low
| 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
00:45 GMT - Settling back from retest of the 153.27 high as prices unwind overbought intraday and daily studies and consolidate gains from the 149.37 low. However, a later break cannot be ruled out to further extend gains within the bull channel from the April low. Clearance, will see room for extension to the 154.00 congestion. Meanwhile, support remains at the 152.00 which should underpin. Failure to hold this support will ease the upside pressure and see room for deeper pullback to strong support at 151.00/150.92 area.