Published: 2026-06-30T13:06:35.000Z
Chart USD/JPY Update: Fresh multi-year highs
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Cautious trade has given way to anticipated gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 165.00 | * | historic congestion | S1 | 161.50 | intraday break level | ||
| R3 | 163.95 | * | December 1986 high | S2 | 161.00 | * | intraday lows | |
| R2 | 163.00 | * | historic congestion | S3 | 160.00 | ** | congestion | |
| R1 | 162.50 | fresh multi-year high | S4 | 159.50~ | * | 11 Jun (w) low |
Asterisk denotes strength of level
13:50 BST - Cautious trade has given way to anticipated gains, with prices posting fresh multi-year highs around 162.50 in JPY-driven trade. Choppy trade is developing, but mixed/positive daily readings and positive weekly charts highlight room for further strength in the coming sessions. Focus is on historic congestion around 163.00. But already overbought daily and weekly stochastics should limit any immediate break, if seen, in profit-taking/consolidation towards the 163.95 high of December 1986. Meanwhile, support is at 161.50 and extends to 161.00. This range should underpin any immediate setbacks.