Published: 2025-12-02T00:50:28.000Z
Chart USD/JPY Update: Consolidating, lower later
1
No follow-through on break of the 155.00 level as prices turned up from the 154.66 low to consolidate recent losses from the 157.90 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.87 | ** | 10 Jan YTD high | S1 | 155.00 | * | congestion | |
| R3 | 157.90/00 | ** | 20 Nov high, congestion | S2 | 154.45 | ** | 30 Oct high | |
| R2 | 157.00 | * | congestion | S3 | 154.00 | * | congestion | |
| R1 | 156.00 | * | congestion | S4 | 153.27/00 | ** | 10 Oct high, congestion |
Asterisk denotes strength of level
00:40 GMT - No follow-through on break of the 155.00 level as prices turned up from the 154.66 low to consolidate recent losses from the 157.90 high. Bounce see resistance at the 156.00 congestion expected to cap corrective bounce. Consolidation expected to give way to fresh selling pressure later to retest support at the 155.00 congestion. Below this will see potential to strong support at the 154.45/154.00, October high and congestion area. Below this will open up room for deeper pullback to support at the 153.27/00 area.