Published: 2025-10-15T00:55:32.000Z
Chart USD/JPY Update: Leaning lower in consolidation
1
Leaning lower in consolidation and below the 152.00 level see room for retest of the 151.10, Friday's low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 154.40 | * | 76.4% Jan/Apr fall | S1 | 151.10 | * | 10 Oct low | |
| R3 | 154.00 | * | congestion | S2 | 150.92 | ** | Aug high | |
| R2 | 153.27 | ** | 10 Oct high | S3 | 150.00 | ** | Sep high | |
| R1 | 152.50 | * | congestion | S4 | 149.00 | * | 6 Oct low |
Asterisk denotes strength of level
00:45 GMT - Leaning lower in consolidation and below the 152.00 level see room for retest of the 151.10, Friday's low. Overbought daily studies suggest scope for break here to open up room to the 151.00 congestion then 150.92, August high. Break here will see room for deeper pullback to strong support at 150.00 level and september high. Meanwhile, resistance is lowered to the 152.00/152.50 congestion area now expected to cap and sustain pullback from the 153.27 high. Clearance, but not expected, will further extend April gains.