Published: 2026-06-30T01:00:56.000Z
Chart USD/JPY Update: Fresh 40-year high
2
Break of the small ascending triangle through the 162.00 level see prices extending bullish gains from the 155.00 May swing low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 164.95 | ** | Nov 1986 high | S1 | 161.00 | * | 19 Jun low | |
| R3 | 164.00 | * | Dec 1986 high | S2 | 160.72 | ** | Apr high | |
| R2 | 163.00 | * | congestion from Dec 1986 | S3 | 160.00 | * | figure | |
| R1 | 162.40 | intraday high | S4 | 159.53 | * | 11 Jun low |
Asterisk denotes strength of level
00:50 GMT - Break of the small ascending triangle through the 162.00 level see prices extending bullish gains from the 155.00 May swing low and the broader underlying bull trend from the 2011 low. Higher will see room for extension towards 163.00/164.00 congestion area and high of December 1986. Meanwhile, support remains at the 161.00/160.72 area which should underpin. Would take break here to ease the upside pressure and open up room for deeper corrective pullback to support at 160.00/159.53 area.