Published: 2026-06-05T00:48:36.000Z
Chart USD/JPY Update: Consolidating at 160.00
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Little change, as prices extend choppy trade around the 160.00 figure
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 161.95 | ** | Jul 2024 multi-yr high | S1 | 159.00 | * | congestion | |
| R3 | 160.72 | ** | 30 Apr YTD high | S2 | 158.60 | * | 18 May low | |
| R2 | 160.46 | * | Mar high | S3 | 158.00 | * | congestion | |
| R1 | 160.09 | * | 3 Jun high | S4 | 157.50 | ** | congestion |
Asterisk denotes strength of level
00:45 GMT - Little change, as prices extend choppy trade around the 160.00 figure. However, bullish gains from the 155.00 May low keep pressure on the upside and suggest scope for break to open up room for retest of resistance at 160.46 March high and 160.72 April current year high. Would expect these to cap and give way to fresh selling pressure later. Meanwhile, support is raised to the 159.00 congestion and this extend to the 158.60, 18 May low. Would take break here to fade the upside pressure and open up room for deeper pullback to retrace gains from 155.00 low.