Published: 2025-06-26T00:54:16.000Z
Chart USD/JPY Update: Leaning lower in range
Technical Analyst
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Range-bound in consolidation above 144.51 low but pressure stays on the downside and see room to extend losses from the 148.00, Monday's high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 148.00 | ** | 23 Jun high | S1 | 144.51 | 24 Jun low | ||
| R3 | 147.00/10 | * | congestion, 38.2% | S2 | 144.00 | * | congestion | |
| R2 | 146.55 | * | Mar low | S3 | 142.79 | ** | 13 Jun low | |
| R1 | 146.00 | * | congestion | S4 | 142.10/00 | ** | May low, congestion |
Asterisk denotes strength of level
00:50 GMT - Range-bound in consolidation above 144.51 low but pressure stays on the downside and see room to extend losses from the 148.00, Monday's high. Daily studies are unwinding overbought readings and suggest this giving way to deeper pullback. Lower will see room to 144.00 congestion and where break will turn focus to the series of higher lows starting at 142.79 and extending to the 142.10/00 congestion. Meanwhile, resistance at the 146.00 congestion and 146.55, March low, is expected to cap and sustain losses from the 148.00 bounce high.