Published: 2025-09-10T01:06:20.000Z
Chart USD/JPY Update: Still choppy but heavy bias weighs
Technical Analyst
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Still limited below the 147.00 level and bounce from the 146.55/146.00 support see prices extending choppy trade within the 148.65/146.55 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 150.00 | * | figure | S1 | 146.82 | 5 Sep low | ||
| R3 | 149.00 | * | congestion | S2 | 146.55 | * | Mar low, congestion | |
| R2 | 148.65 | ** | May high, congestion | S3 | 146.00 | ** | congestion | |
| R1 | 148.00 | * | congestion | S4 | 145.00 | * | congestion |
Asterisk denotes strength of level
01:00 GMT - Still limited below the 147.00 level and bounce from the 146.55/146.00 support see prices extending choppy trade within the 148.65/146.55 area. However, pullback from the 149.00 high of last week keeps pressure on the downside and focus on the 146.55/146.00 support. Break here will extend the August losses and see room for extension to support at the 145.00/144.00 area. Meanwhile, resistance at the 148.00 level is expected to cap and sustain rejection from the 148.65/149.00 area.