Published: 2026-10-06T00:52:36.000Z
Chart USD/JPY Update: Extend consolidation at 158.00
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Little change, as prices extend consolidation around the 158.00 level following test of the 200-day MA
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | ** | figure, congestion | S1 | 157.00 | * | congestion | |
| R3 | 159.75 | * | 61.8% Jul/Sep fall | S2 | 156.50/00 | * | congestion | |
| R2 | 159.00 | * | congestion | S3 | 155.00 | ** | May low, congestion | |
| R1 | 158.48 | * | 200-day MA | S4 | 154.00 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Little change, as prices extend consolidation around the 158.00 level following test of the 200-day MA. Upside bias remain in focus following bounce from support at the 156.50/156.00 congestion last week to regain the 157.00 level. Would take break above the 200-day MA currently at 158.48 to expose the 159.00 level to retest. Gains above here, if seen, will see room for extension to 159.75 Fibonacci level and 160.00 figure. Corrective gains expected to give way to renewed selling pressure later to retest 156.50/156.00 congestion area then 155.00, May low.