Published: 2026-02-25T14:30:14.000Z
Chart USD/JPY Update: Extending gains
2
Consolidation around 156.00 has given way to anticipated further gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 159.45 | ** | 14 Jan YTD high | S1 | 156.00 | * | congestion | |
| R3 | 159.00 | * | congestion | S2 | 155.00 | * | break level | |
| R2 | 158.00 | * | break level | S3 | 154.00 | * | congestion | |
| R1 | 157.50 | * | congestion | S4 | 152.50 | * | congestion |
Asterisk denotes strength of level
14:05 GMT - Consolidation around 156.00 has given way to anticipated further gains, as intraday studies continue to rise, with prices currently trading around 156.60. Rising daily readings highlight room for a test of congestion resistance at 157.50. But broader weekly charts are under pressure, highlighting room for renewed selling interest towards here. Meanwhile, support is raised to congestion around 156.00. A close beneath here, if seen, will stabilise price action and give way to consolidation above congestion around 155.00.