Published: 2025-10-06T01:09:37.000Z
Chart USD/JPY Update: Poised for retest of 150.00
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Gapped up at the open above the 149.00 level see prices poised for retest of the 150.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 151.90/95 | ** | 2023, 2022 year highs | S1 | 149.00 | congestion | ||
| R3 | 151.65 | * | 61.8% Jan/Apr fall | S2 | 148.65 | * | Dec low | |
| R2 | 150.92 | ** | Aug high | S3 | 148.00 | * | congestion | |
| R1 | 149.95/00 | ** | Sep high, figure | S4 | 147.00 | * | congestion |
Asterisk denotes strength of level
01:00 GMT - Gapped up at the open above the 149.00 level see prices poised for retest of the 150.00 level. Daily and weekly studies have turned positive and suggest scope for break here to extend gains within the bullish channel from the April low. Higher will see scope to retest the August high at 150.92 and the 151.00 level. Beyond this will return focus to the 151.65 61.8% Fibonacci level and the 151.90/95, 2023/2022 year highs. Meanwhile, support at the 149.00/148.65 congestion and December low now expected to underpin.