Published: 2025-09-19T12:23:15.000Z
Chart USD/JPY Update: Scope for a break above 148.00
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Little change, as choppy trade extends pressure on resistance at 148.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 150.92 | ** | 1 Aug (m) high | S1 | 147.00 | ** | range lows | |
| R3 | 150.00 | ** | congestion | S2 | 146.00 | ** | break level | |
| R2 | 149.00 | congestion | S3 | 145.40 | ** | 50% ret of Apr-Aug rally | ||
| R1 | 148.00 | * | break level | S4 | 145.00 | * | congestion |
Asterisk denotes strength of level
13:15 BST - Little change, as choppy trade extends pressure on resistance at 148.00. Daily stochastics are rising and the negative daily Tension Indicator is turning up, highlighting room for still further gains in the coming sessions. A break above 148.00 will open up congestion around 149.00, where mixed weekly charts could prompt fresh consolidation. Meanwhile, a close back below support at 147.00 should give way to consolidation above 146.00.