Published: 2026-03-27T01:02:52.000Z
Chart USD/JPY Update: Pressuring 159.75/90 highs
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Extending gains from the 157.50 low of last week and regain the 159.00 level has seen gains to retest the 159.75/90, 13/18 January highs
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.95 | ** | 3 Jul 2024 yr high | S1 | 159.00 | * | congestion | |
| R3 | 161.00 | * | congestion | S2 | 158.00 | * | congestion | |
| R2 | 160.00 | * | figure | S3 | 157.50 | ** | 19 Mar low | |
| R1 | 159.90 | ** | 18 Mar YTD high | S4 | 157.00 | * | congestion |
Asterisk denotes strength of level
01:00 GMT - Extending gains from the 157.50 low of last week and regain the 159.00 level has seen gains to retest the 159.75/90, 13/18 January highs. Daily studies have turned positive and suggest scope for break here to extend the bullish gains from April 2025 year low. Clearance will turn focus to the 161.00 level but potential will be for extension to retest 161.95, July 2024 multi-year high. Meanwhile, support is raised to the 159.00 congestion which should now underpin and sustain bounce from the 157.50 low of last week.