Published: 2026-04-23T13:25:06.000Z
Chart USD/JPY Update: Edging higher in broad range
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Little change, as prices extend consolidation following the break back above 159.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 162.00 | * | historic congestion | S1 | 159.00 | * | congestion | |
| R3 | 161.00 | * | July 2024 congestion | S2 | 158.00 | ** | congestion | |
| R2 | 160.45 | ** | 30 Mar YTD high | S3 | 157.35/50 | ** | 38.2% ret; 19 Mar (w) low | |
| R1 | 160.00 | ** | historic congestion | S4 | 157.00 | * | congestion |
Asterisk denotes strength of level
14:10 BST - Little change, as prices extend consolidation following the break back above 159.00. Rising daily readings highlight room for continuation towards congestion around 160.00. But negative weekly charts should limit any further strength in renewed selling interest beneath strong resistance at the 160.45 current year high of 30 March. Meanwhile, a break back below 159.00 should give way to fresh consolidation above further congestion around 158.00.