Published: 2026-02-26T14:37:01.000Z
Chart USD/JPY Update: Further gains to remain limited
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Anticipated minor tests higher have been pushed back from 156.80~
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 159.00 | * | congestion | S1 | 156.00 | * | congestion | |
| R3 | 158.00 | * | break level | S2 | 155.00 | * | break level | |
| R2 | 157.50 | * | congestion | S3 | 154.00 | * | congestion | |
| R1 | 156.80~ | 25 Feb high | S4 | 152.50 | * | congestion |
Asterisk denotes strength of level
14:20 GMT - Anticipated minor tests higher have been pushed back from 156.80~, with prices reaching 155.70 before bouncing back above congestion support at 156.00. Daily readings continue to rise, suggesting room for a fresh test higher. But negative weekly charts should limit any break above 156.80~ in renewed selling interest beneath congestion resistance at 157.50. In the coming sessions, a break back below 156.00 is looked for, with focus turning to 155.00. But already oversold weekly stochastics could limit any initial tests in consolidation.