Every read JAFX AI made on the USD/JPY 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:03 UTC
Downtrend, basing after crash · RSI 47 · price 157.791
Range 156.67-158.55 above 155.23 low.
USD/JPY collapsed from ~163.9 to a 155.23 low on Friday's shock -23K NFP print, which gutted Fed hike bets and forced yen short-covering. Price has since stabilised into a 156.67-158.55 range, holding above the intervention low while capped by a series of lower highs. ATR(14) has cooled from crash extremes but remains elevated, and price sits just above EMA20 yet well below EMA50 — consistent with a corrective bounce inside a broader breakdown.
Support: 156.67, 155.23
Resistance: 158.55, 160.00
What it said to watch
- H4 close below 156.67 recent low reopens the 155.23 intervention low
- H4 close above 158.55 swing high shifts the read toward the 160.00 psych level
- US CPI Wed Aug 12 could materially shift this read
21:02 UTC
Downtrend, now ranging · RSI 49 · price 157.791
Post-crash range beneath 158.55.
USDJPY collapsed from 163.65 to the 155.23 intervention low as Friday's shock -23K NFP gutted Fed hike bets and forced JPY short-covering. Price has since stabilised into a 156.67-158.55 range, capped by a series of lower highs from the bounce peaks near 160.88. ATR remains elevated versus the pre-crash regime, with EMA50 well above price confirming the broken uptrend.
Support: 156.673, 155.225
Resistance: 158.552, 160.879
What it said to watch
- H4 close below 156.67 swing low opens the 155.23 intervention low
- Close above 158.55 range high challenges the lower-high sequence
- US CPI Wed Aug 12 12:30 GMT could materially shift this read