Published: 2026-11-05T01:05:10.000Z
Chart USD/JPY Update: Choppy below 158.77 Tuesday's high
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Extend choppy trade around the 158.00 level as bounce attempt see prices kept in check at the 158.77 Tuesday's high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.50 | * | congestion | S1 | 157.50 | * | congestion | |
| R3 | 160.00 | ** | figure, congestion | S2 | 157.00 | ** | congestion | |
| R2 | 159.45 | * | Jan high | S3 | 156.07/00 | ** | 23 Oct low, congestion | |
| R1 | 159.00 | ** | congestion, 24 Sep high | S4 | 155.00 | ** | May low |
Asterisk denotes strength of level
01:00 GMT - Extend choppy trade around the 158.00 level as bounce attempt see prices kept in check at the 158.77 Tuesday's high. Would take break here to open up room for retest of strong resistance at the 159.00 level which is expected to cap. Clearance here, if seen, will open up room for retest of 159.45 January high and the 160.00 level. Meanwhile, support remains at the 157.50/157.00 congestion area. Would take break here to return focus to the downside and open up support at the 156.07 October low to retest and threaten deeper pullback to the 155.00 support.