Published: 2025-09-12T00:59:37.000Z
Chart USD/JPY Update: Leaning lower from 148.65/149.00 resistance
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Still little change, as prices extend consolidation above the 147.00 level but pressure building on the downside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 150.00 | * | figure | S1 | 146.55 | * | Mar low, congestion | |
| R3 | 149.00 | * | congestion | S2 | 146.00 | ** | congestion | |
| R2 | 148.65 | ** | May high, congestion | S3 | 145.00 | * | congestion | |
| R1 | 148.00 | * | congestion | S4 | 144.00 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Still little change, as prices extend consolidation above the 147.00 level but pressure building on the downside from resistance at the 148.65/149.00 area. Sideways ranging action is expected to give way to retest of strong support at the 146.55/146.00 area. Break here will extend losses from the 150.92 high of August and further retrace the choppy gains from the April low. Meanwhile, resistance at the 148.00 level is expected to cap and sustain pullback from strong resistance at the 148.65/149.00 area.