Published: 2026-02-27T01:17:18.000Z
Chart USD/JPY Update: Lower to consolidate at 156.00
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Settled back to consolidate at the 156.00 level as gains met with selling pressure beneath the 157.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.87 | ** | Jan 2025 yr high | S1 | 155.00 | * | congestion | |
| R3 | 157.75/90 | ** | Dec, Nov highs | S2 | 154.00 | * | 23 Feb low | |
| R2 | 157.65 | * | 9 Feb high | S3 | 153.00 | * | congestion | |
| R1 | 157.00 | * | congestion | S4 | 152.10 | ** | 27 Jan YTD low |
Asterisk denotes strength of level
01:00 GMT - Settled back to consolidate at the 156.00 level as gains met with selling pressure beneath the 157.00 resistance. Intraday and daily studies are unwinding overbought readings and suggest scope for pullback to retrace recent strong gains from the 152.27, 12 February low. Meanwhile, support remain at the 155.00 congestion and where break will fade the upside pressure and open up room for retest of the 154.00 level. Below this will return focus to the downside for retest of the 152.27 low then the 152.10, January current year low.