Published: 2025-08-26T13:04:23.000Z
Chart USD/JPY Update: Range extension
Senior Technical Strategist
1
Little change, as mixed/negative intraday studies prompt choppy trade within the 147.00-148.00 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 150.92 | ** | 1 Aug (w) high | S1 | 147.00 | ** | range lows | |
| R3 | 150.00 | ** | congestion | S2 | 146.00 | ** | break level | |
| R2 | 149.00 | congestion | S3 | 145.00 | * | congestion | ||
| R1 | 148.00 | * | break level | S4 | 144.00 | * | congestion |
Asterisk denotes strength of level
13:50 BST - Little change, as mixed/negative intraday studies prompt choppy trade within the 147.00-148.00 range. Daily readings have turned down and broader weekly charts are coming under pressure, highlighting room for fresh losses in the coming sessions. A break below 147.00 will open up 146.00. A further close beneath here will turn sentiment negative and extend August losses initially to congestion around 145.00. Meanwhile, resistance is lowered to 148.00. A break above here, if seen, should meet renewed selling interest towards congestion around 149.00.