Published: 2025-09-11T01:10:46.000Z
Chart USD/JPY Update: Still ranging
0
2
Little change, as bounce from the 146.55/146.00 support see prices back in consolidation at 147.50
| 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
01:00 GMT - Little change, as bounce from the 146.55/146.00 support see prices back in consolidation at 147.50. Mixed daily studies suggest further sideways ranging action within the 148.65/146.55 area. Would take break of the 146.55/146.00 support to extend losses from the 150.92 high of August and further retrace the choppy gains from the April low. Lower will see room to support at the 145.00/144.00 congestion. Meanwhile, resistance at the 148.00 level is expected to cap and sustain pullback from strong resistance at the 148.65/149.00 area.