Published: 2025-08-28T00:41:10.000Z
Chart USD/JPY Update: Extend choppy trade above 146.55 support
Technical Analyst
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Little change, as prices extend choppy trade within the 148.00/146.55 area
| 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 | 145.20/00 | * | congestion | |
| R1 | 148.00 | * | Jun high, congestion | S4 | 144.70 | * | Apr trendline |
Asterisk denotes strength of level
00:40 GMT - Little change, as prices extend choppy trade within the 148.00/146.55 area following rejection from the 148.65/149.00 resistance. Negative daily studies suggest sideways ranging action to give way to renewed selling pressure later. Break of the 146.55/146.00 support will extend the broader losses from the 150.92 high and turn focus to the 145.00 level and 144.90, April trendline. Meanwhile, resistance at the 148.00 congestion is expected to cap and sustain rejection from the 148.65/149.00 resistance.