Published: 2025-08-15T01:02:16.000Z
Chart USD/JPY Update: Back to retest 148.00
Technical Analyst
-
Rebound from the 146.55/146.00 support see prices back to retest the 148.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 150.90/00 | ** | 7 Feb low, congestion | S1 | 146.55 | * | Mar low | |
| R3 | 149.00 | * | congestion | S2 | 146.00 | ** | congestion | |
| R2 | 148.65 | ** | May high | S3 | 145.00 | * | congestion | |
| R1 | 148.00 | * | Jun high | S4 | 144.00 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Rebound from the 146.55/146.00 support see prices back to retest the 148.00 level. Mixed daily studies suggest further sideway ranging action here though a break cannot be ruled out. Clearance will see room for retest of the strong resistance at the 148.65/149.00 area. Meanwhile, support at the 146.55/146.00 area continues to underpin. Would take break here to extend the losses from the 150.92 high and further retrace the broad choppy April/August gains. Lower will see room to the 145.00 congestion then April channel support at 144.50.