Published: 2025-09-02T00:52:40.000Z
Chart USD/JPY Update: Drifting narrowly above 146.55 support
Technical Analyst
2
Little change, as prices drift narrowly above support at the 146.55, congestion and March low
| 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 | 145.00 | * | congestion, trendline | |
| R1 | 148.00 | * | Jun high, congestion | S4 | 144.00 | * | congestion |
Asterisk denotes strength of level
00:50 GMT - Little change, as prices drift narrowly above support at the 146.55, congestion and March low. However, consolidation here is expected to given way to break later to extend the broader losses from the 150.92, August high. Lower will open up room for deeper pullback to the strong support at 146.00. Break here will see room for extension to the 145.00 level and trendline from the April low. Meanwhile, resistance at the 148.00 congestion is expected to cap and sustain rejection from the 148.65/149.00 resistance.