12:34 UTC
Uptrend, pressing into 160 · RSI 64 · price 159.958
Higher highs/lows since Apr 2025 low.
Macro structure is a clean uptrend off the April 2025 low at 139.89, with the 2025 rally carrying price back to the 160.00 region and retesting the 160.72 prior high that capped early 2025. Price holds well above a rising W1 EMA(50), keeping the weak-yen regime intact, while the 160.00 intervention threshold acts as the dominant cap. Rising support off the spring lows underpins the advance, with 157.00 the nearest prior base and 152.27 the last meaningful swing low.
Support: 157.00, 152.27, 139.89
Resistance: 160.00, 160.72
What it said to watch
- Weekly close above 160.72 opens the path higher; 160.00 is the official intervention threshold and a squeeze risk
- BoJ decision Jun 16 could materially shift this regime read
- Failure to hold 157.00 prior base would mark the first lower-high since the Apr 2025 low