Published: 2025-06-30T00:50:23.000Z
Chart USD/JPY Update: Consolidating above 144.00/143.75 support
Technical Analyst
2
Range-bound above support at the 144.00/143.75, congestion and low of last week, as prices consolidate losses from the 148.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 148.00 | ** | 23 Jun high | S1 | 144.00 | * | congestion | |
| R3 | 146.55 | * | Mar low | S2 | 142.79 | ** | 13 Jun low | |
| R2 | 146.00 | * | congestion | S3 | 142.10/00 | ** | May low, congestion | |
| R1 | 145.26 | * | 26 Jun high | S4 | 141.00 | figure |
Asterisk denotes strength of level
00:45 GMT - Range-bound above support at the 144.00/143.75, congestion and low of last week, as prices consolidate losses from the 148.00 high. However, daily studies are tracking lower from overbought areas and suggest this giving way to further losses later. Clear break of the 144.00 congestion will turn focus to the series of higher lows starting at 142.79, 13 June low, and extending to the 142.10/00 congestion and May low. Meanwhile, resistance is lowered to 26 June high at 145.26 which is expected to cap and sustain losses from the 148.00 bounce high.