Published: 2026-11-11T01:00:10.000Z
Chart USD/JPY Update: Retest 158.77/159.00 resistance
1
Consolidation around the 158.00 level has given way to renewed buying interest to retest strong resistance at the 158.77/159.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.50 | * | congestion | S1 | 158.00 | * | congestion | |
| R3 | 160.00 | ** | figure, congestion | S2 | 157.50 | * | congestion | |
| R2 | 159.45 | * | Jan high | S3 | 157.00 | ** | congestion | |
| R1 | 159.00 | ** | congestion, 24 Sep high | S4 | 156.07/00 | ** | 23 Oct low, congestion |
Asterisk denotes strength of level
00:50 GMT - Consolidation around the 158.00 level has given way to renewed buying interest to retest strong resistance at the 158.77/159.00 area. Would expect reaction here but a later break cannot be ruled out to extend bounce from the 152.90 September low. Clearance will see room to retest 159.45 January high then the 160.00 level. Meanwhile, support is raised to the 158.00 congestion. Would take break here to ease the upside pressure and see room for consolidation back to the 157.50/157.00 congestion area.