Published: 2026-05-19T12:59:29.000Z
Chart USD/JPY Update: Balanced around 159.00 - daily studies rising
1
Little change, as prices extend consolidation around congestion resistance at 159.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.00 | ** | congestion | S1 | 158.00 | ** | congestion | |
| R3 | 160.72 | ** | 30 Apr YTD high | S2 | 157.00 | break level | ||
| R2 | 160.00 | ** | congestion | S3 | 156.00 | ** | congestion | |
| R1 | 159.00 | * | congestion | S4 | 155.40 | ** | 61.8% ret of Feb-Mar rally |
Asterisk denotes strength of level
13:40 BST - Little change, as prices extend consolidation around congestion resistance at 159.00. Daily readings continue to rise, highlighting room for further gains in the coming sessions. But mixed weekly charts should limit any immediate break above 159.00 in renewed selling interest/consolidation within multi-week distribution beneath 160.00. Meanwhile, support remains at congestion around 158.00. A close beneath here, if seen, would turn sentiment neutral and prompt fresh consolidation above 157.00.