Published: 2026-01-15T00:49:30.000Z
Chart USD/JPY Update: Consolidating gains to fresh high at 159.45
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Break above the 2025 year high at 158.88 reached fresh high at 159.45 before giving way to selling pressure
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.95 | ** | Jul 2024 year high | S1 | 157.90 | ** | Nov high | |
| R3 | 161.00 | * | congestion | S2 | 157.00 | * | congestion | |
| R2 | 160.00 | * | figure, congestion | S3 | 156.00 | * | congestion | |
| R1 | 159.45 | ** | 14 Jan YTD high | S4 | 154.40/35 | ** | Dec lows |
Asterisk denotes strength of level
00:40 GMT - Break above the 2025 year high at 158.88 reached fresh high at 159.45 before giving way to selling pressure to unwind the overbought intraday and daily studies. However, further gains cannot be ruled out and higher will see room for extension to the 160.00 figure. Meanwhile, support is raised to the 158.00/157.90 congestion area which should underpin. Would take break here to fade the upside pressure and open up room for corrective pullback to retrace strong gains from the 140.00 April low. Lower will open up room for pullback to support at 157.00/156.00 congestion area.