Published: 2026-08-25T01:00:27.000Z
Chart USD/JPY Update: Higher in consolidation from 158.00 low
-
Turned up in choppy trade from the 158.00 low to consolidate at the 159.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.50 | ** | congestion | S1 | 158.00 | ** | congestion | |
| R3 | 160.00 | ** | figure | S2 | 157.00 | ** | congestion | |
| R2 | 159.78 | ** | 18 Aug high | S3 | 156.65 | * | 7 Aug low | |
| R1 | 159.00 | * | congestion | S4 | 156.00 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Turned up in choppy trade from the 158.00 low to consolidate at the 159.00 level. Daily studies have turned mixed and suggest further ranging action here though further probes above 159.00 cannot be ruled out to retest the recent high at 159.78 which is expected to cap. Break here, if see, will open up room for extension to strong resistance at the 160.00/160.50 area. Meanwhile, support remains at the 158.50/158.00 area. Would take break here to turn focus to the downside to retrace strong bounce from the 155.22 low towards support at the 157.00 level and 156.65 low of 7 August.