Published: 2025-12-05T00:46:49.000Z
Chart USD/JPY Update: Under pressure, but still limited below 155.00
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Under pressure, but no follow-through on break of the 155.00 level as prices unwind oversold intraday studies
| 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 | ** | 10 Oct high |
Asterisk denotes strength of level
00:40 GMT - Under pressure, but no follow-through on break of the 155.00 level as prices unwind oversold intraday studies. Consolidation here is expected to give way to eventual break to extend losses from the 157.90, November current year high. lower will see room for extension 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 153.27/152.80, October high/November low. Meanwhile, resistance at the 156.00 congestion is expected to cap bounce attempt.