Published: 2025-08-27T01:03:47.000Z
Chart USD/JPY Update: Extend consolidation above 146.55 support
Technical Analyst
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Little change, as prices extend consolidation above the 146.55 support following rejection from the 148.65/149.00 resistance
| 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
01:00 GMT - Little change, as prices extend consolidation above the 146.55 support following rejection from the 148.65/149.00 resistance. Negative daily studies suggest choppy trade above the 146.55 support giving way to renewed selling pressure later. Break of the 146.55/146.00 area will extend the broader losses from the 150.92 high and turn focus to the 145.00 level then the 144.70, April trendline. Meanwhile, resistance at the 148.00 congestion is expected to cap and sustain rejection from the 148.65/149.00 resistance.