Published: 2025-09-25T00:47:36.000Z
Chart USD/JPY Update: Retest 148.65/149.00 resistance
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Break of the 148.00 level has seen rally to extend gains from the 145.48 low of last week to retest the 148.65/149.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 151.90/95 | ** | 2023/2022 year highs | S1 | 148.00 | * | congestion | |
| R3 | 150.92/00 | ** | 1 Aug high, congestion | S2 | 147.45 | ** | 23 Sep low | |
| R2 | 150.00 | * | figure | S3 | 147.00 | * | congestion | |
| R1 | 149.00 | ** | congestion | S4 | 146.55 | ** | Mar low, congestion |
Asterisk denotes strength of level
00:35 GMT - Break of the 148.00 level has seen rally to extend gains from the 145.48 low of last week to retest the 148.65/149.00 resistance. Consolidation here see prices unwinding overbought intraday studies but a later break higher cannot be ruled out. Higher will see room to the 150.00 figure and 150.92, 1st Aug high. Meanwhile, support is raised to the 148.00 level which extend to the 147.45 Tuesday's low. This are now expected to underpin and limit corrective pullback. Break here will return focus to the downside.