Published: 2026-04-29T00:52:27.000Z
Chart USD/JPY Update: Extend consolidation
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Little change, as prices held firm above the 159.00 level following pullback from the 159.85 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.95 | ** | Jul 2024 multi-yr high | S1 | 159.00 | * | congestion | |
| R3 | 161.00 | * | congestion | S2 | 158.00 | ** | congestion | |
| R2 | 160.46 | ** | 30 Mar YTD high | S3 | 157.50 | ** | 19 Mar low | |
| R1 | 160.00 | ** | figure, congestion | S4 | 157.25 | * | 38.2% Jan/Mar rally |
Asterisk denotes strength of level
00:45 GMT - Little change, as prices held firm above the 159.00 level following pullback from the 159.85 high of last week. Would take break of the 159.00 level to open up room for pullback to retest support at the 158.00 congestion. Lower still, will expose strong support at the 157.50, 19 March low. Meanwhile, resistance remains at the 159.85/160.00 area. Break here will expose the 160.46 March current year high to retest and see room for extension to retest the 161.95 multi-year high of July 2024.