Published: 2025-09-01T00:53:35.000Z
Chart USD/JPY Update: Consolidating above 146.55 support
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Little change, as prices holds a narrow range above support at the 146.55, congestion and March low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 150.00 | * | figure | S1 | 146.55 | * | Mar low | |
| R3 | 149.00 | * | congestion | S2 | 146.00 | ** | congestion | |
| R2 | 148.65 | ** | May high, congestion | S3 | 145.00 | * | congestion, trendline | |
| R1 | 148.00 | * | Jun high, congestion | S4 | 144.00 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Little change, as prices holds a narrow range above support at the 146.55, congestion and March low. However, negative daily and weekly studies suggest eventual break here and the 146.00 level to extend the broader losses from the 150.92, August high. Lower will open up room for deeper pullback to support at the 145.00 level and trendline from the April low. Meanwhile, resistance at the 148.00 congestion is expected to cap and sustain rejection from the 148.65/149.00 resistance.