Published: 2026-06-22T00:56:21.000Z
Chart USD/JPY Update: Focus on the 161.80/95 highs
1
Settled back from fresh year high at 161.80 as prices consoldate above the 161.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 164.00 | * | Dec 1986 high | S1 | 160.72 | * | 30 Apr high | |
| R3 | 163.00 | * | congestion Dec 1986 | S2 | 160.00 | * | figure | |
| R2 | 161.95 | ** | Jul 2024 multi-year high | S3 | 159.53 | * | 11 Jun low | |
| R1 | 161.80 | ** | 18 Jun YTD high | S4 | 159.00 | * | congestion |
Asterisk denotes strength of level
00:45 GMT - Settled back from fresh year high at 161.80 as prices consoldate above the 161.00 level. Bullish gains from the 155.00 May low keep pressure on the upside with support at the 160.72 high of 30 April and the 160.00 figure expected to underpin. Would take break to fade the upside pressure and open up room for deeper pullback to 159.53/159.00 area. Meanwhile, focus remains on the 161.80/95 highs and break here will extend gains to fresh multi-year high towards 163.00/164.00 congestion area from December 1986.