Published: 2026-05-21T00:52:22.000Z
Chart USD/JPY Update: Consolidating below 159.25 high
2
Little change, as prices settled back from the 159.25 high to consolidate at the 159.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.72 | ** | 30 Apr YTD high | S1 | 158.60 | 18 May low | ||
| R3 | 160.00 | ** | figure, congestion | S2 | 158.00 | * | congestion | |
| R2 | 159.45 | * | Jan high | S3 | 157.50 | ** | congestion | |
| R1 | 159.25 | * | 19 May high | S4 | 157.00 | * | congestion |
Asterisk denotes strength of level
00:45 GMT - Little change, as prices settled back from the 159.25 high to consolidate at the 159.00 level. However, pressure remains on the upside and break here will further extend strong gains from the 155.00 low to resistance at 159.45 January high then the 160.00 figure which is expected to cap. Meanwhile, support remains at 158.60 Monday's low. Below here will see room for deeper pullback to the strong support at 158.00/157.50 area. Would take break of the latter to fade the upside pressure and open up room for deeper pullback to the 157.00/156.00 congestion area.