Published: 2025-10-21T00:42:56.000Z
Chart USD/JPY Update: Back in consolidation above 150.00 level
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No follow-through on break of support at the 150.00 figure and subsequent bounce see prices back to retest 151.00/10 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 153.27 | ** | 10 Oct high | S1 | 150.00 | ** | Sep high | |
| R3 | 152.50 | * | congestion | S2 | 149.00 | * | 6 Oct low | |
| R2 | 152.00 | * | congestion | S3 | 148.65 | * | Dec low | |
| R1 | 151.00/10 | * | congestion, 10 Oct low | S4 | 148.20 | * | 38.2% Apr/Oct rally |
Asterisk denotes strength of level
00:35 GMT - No follow-through on break of support at the 150.00 figure and subsequent bounce from 149.37 low see prices back to retest 151.00/10 resistance. Break here will open up room for stronger gains to retrace pullback from the 153.27 high towards the 152.00 level. However, gains are seen corrective and lower high sought to further pressure the downside later. Close below the 150.00 150.00 figure will open up room to the gap area starting at 149.00 low of last week and extending to 147.82, 3rd October high.