21:03 UTC
Uptrend reversed, momentum down · RSI 41 · price 157.791
Lower highs after 163.99 peak, ranging 156-158.
The multi-month grind up to 163.99 in late July reversed hard after Friday's -23K NFP shock, USD/JPY shedding roughly six figures across two sessions and now trading below both EMAs. Price is consolidating 156.67-158.57 after tagging the 155.23 intervention low, with the 200-day SMA at 158.06 capping the recovery attempts. RSI has lifted off the lows but stays sub-50, consistent with the broken uptrend.
Support: 156.67, 155.23
Resistance: 158.06
What it said to watch
- Daily close back above 158.06 (200d sma) neutralises the downside read
- Break of 155.23 interv low confirms a fresh lower low
- US CPI Wed Aug 12 could materially reset this read