Published: 2025-12-12T00:52:39.000Z
Chart USD/JPY Update: Focus on the 155.00/154.45 support
2
Rejection from the 157.00 resistance has seen pullback to test support at the 155.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 158.87 | ** | 10 Jan YTD high | S1 | 155.00 | * | congestion | |
| R3 | 157.90 | ** | 20 Nov high | S2 | 154.45 | ** | 30 Oct high | |
| R2 | 156.95/00 | ** | 9 Dec high, congestion | S3 | 154.00 | congestion | ||
| R1 | 156.00 | * | congestion | S4 | 153.27 | ** | 10 Oct high |
Asterisk denotes strength of level
00:40 GMT - Rejection from the 157.00 resistance has seen pullback to test support at the 155.00 level. Daily and weekly studies have turned down from overbought areas and threaten break here and the 154.45 support to confirm a top in place at the 157.90, November high. Break will see room for deeper pullback to retrace gains from the 145.50 September low to strong support at the 153.27/152.80 area. Meanwhile, resistance is lowered to the 156.00 congestion which is now expected to cap and sustain pullback from the 157.00 resistance.