Recovery from 156.45 low into 156.90 supply, now consolidating.
Risk-off open from Iran-Trump headlines drove a sharp spike to 156.95 before fading back to 156.86, with the 156.92 rebound high now capping. Pair is sitting just under that rejection wick in early Asia, RSI mid-60s and cooling.
Support: 156.72, 156.56
Resistance: 156.92
What it said to watch
M15 close above 156.92 opens the path back toward the prior swing high
Loss of 156.72 intraday pivot reopens the 156.56 session low
China CPI release in Asia hours could shift the risk tone
Sharp recovery into resistance, consolidating below 156.95.
USDJPY ripped from 156.56 to 156.95 on the Asia-session reopen amid risk-off headlines around Trump rejecting Iran's peace proposal, then stalled and is now consolidating in a tight 156.84–156.91 range. RSI(14) cooled from overbought near 72 to 68 as the move paused just under the 157.00 psych level.
Support: 156.72, 156.56
Resistance: 156.95, 157.00
What it said to watch
Hold above 156.72 retest zone keeps the rebound intact
Close above 156.95 session high opens 157.00 psych
Failure back into 156.56 session low negates the breakout
Thin Asia-session liquidity can exaggerate moves on further Iran headlines
Sharp drop then base, snap-back rally into prior range.
USDJPY gapped lower on the session open near 156.53 then ripped 40 pips to tag 156.95 before stalling, with current price hovering 156.88 and RSI(14) at 65. The rebound reclaimed the entire prior drop into 156.43; 156.95 is now the level capping price, 156.72 the first shelf on a pullback.
Support: 156.72, 156.565, 156.432
Resistance: 156.95, 157.00
What it said to watch
M15 close above 156.95 opens the path toward the 157.00 round number
Loss of 156.72 breakout pivot risks a retrace toward the 156.56 session low
Thin Asia-open liquidity and Iran-US headline risk could whipsaw the read
Price gapped lower into the new week from 156.70 to 156.50 on risk-off Iran headlines, then ripped back through the gap to 156.95 in early Asia. Currently consolidating around 156.88 after the impulsive recovery; RSI(14) at 64 cooling from the spike.
Support: 156.72, 156.565, 156.478
Resistance: 156.95, 157.00
What it said to watch
Reclaim of 156.95 session high reopens the path toward the 157.00 psych level
Failure to hold the 156.72 gap fill reintroduces 156.56 session low
Headline risk around Iran/Strait of Hormuz remains live and can override structure
Asia open gapped lower then ripped 40 pips to tag 156.95 in one bar before fading back to 156.89. Prior session had broken down through 156.72 to 156.45, so this rebound is retesting the breakdown zone from below.
Support: 156.72, 156.45
Resistance: 156.95, 157.00
What it said to watch
M15 close above 156.95 spike high opens path to 157.00 psych
Failure at 156.72 gap edge confirms the rebound is corrective
Risk-off tone from Iran-US headlines could re-accelerate the move
22:31 UTC
Rebounding from intraday low · RSI 68 · price 156.857
Gap-down open then sharp recovery.
Asia open gapped lower then ripped 40+ pips to 156.95 in one bar before fading to 156.86. RSI(14) at 68 after the surge, ATR(14) ~7 pips reflecting the expanded range. Risk-off tone from Iran-US headlines hasn't dented the yen weakness on this leg.
Support: 156.56, 156.478
Resistance: 156.917, 156.95
What it said to watch
Loss of 156.560 gap fill reopens the 156.478 session low
Close above 156.950 spike high extends the recovery
Iran-related headlines could spike volatility outside structure
22:16 UTC
Recovering after sharp drop, snapback into prior range · RSI 72 · price 156.881
Gap-down open reclaimed, price retesting mid-range.
Early-Asia session opened with a risk-off gap lower around 156.53 on Iran-US headline flow, but price has aggressively reclaimed the entire prior range, printing a session high at 156.95 with RSI(14) stretched to 72. Move is fast and thin — only a handful of bars since the open, structure still in development.
Support: 156.72
Resistance: 156.95, 156.991
What it said to watch
Sustained trade back below 156.72 gap fill base would reopen the session low
Acceptance above 156.95 session high exposes 156.99 prior high
Iran/US headline risk remains the dominant intraday driver
22:01 UTC
Downtrend recovering off lows · RSI 68 · price 156.79
Session gap higher off 156.45 swing low.
Asia session opened with a risk-off gap lower around 156.53 amid Iran-US headlines, but buyers immediately reclaimed the gap fill and the last bar pushed to 156.79. Prior session sold off sharply from 156.82 to 156.43, so this is a recovery into the breakdown zone with RSI(14) at 68 — short-term hot but not extended.
Support: 156.56, 156.50, 156.43
Resistance: 156.79, 156.82, 156.92
What it said to watch
Acceptance above 156.82 pre-drop zone reopens 156.92 prior swing
Rejection here and loss of 156.56 gap fill reasserts the downtrend toward 156.43 swing low
Thin Asia liquidity — Iran/Strait of Hormuz headlines could materially shift this read
21:46 UTC
Downtrend, stabilising near lows · RSI 47 · price 156.603
Lower high at 156.99, prior swing low 156.43 holding.
Pair sold off from 156.99 to 156.43 in a sharp NY-session leg, then chopped 156.55–156.75 into the close. Reopen tape is thin and pinned around 156.60 with no follow-through either way.
Support: 156.50, 156.43
Resistance: 156.60, 156.72, 156.99
What it said to watch
Reclaim of 156.72 would unwind the lower-high read
Loss of 156.43 swing low extends the down-leg
Geopolitical headlines on Iran/Strait of Hormuz risk gapping the next session open
Lower highs and lower lows after 156.99 rejection, current bars basing near 156.55.
USDJPY rejected 156.99 during NY hours and flushed sharply to 156.43, a roughly 55-pip impulse on elevated volume. Price has since stabilised in a 156.45–156.77 range; the latest bars after the weekend gap show a small lift back to 156.60.
Support: 156.43
Resistance: 156.71, 156.77, 156.99
What it said to watch
M15 close below 156.43 session low extends the downtrend
Reclaim of 156.77 prior pivot neutralises the rejection
Liquidity is thin on the Asia reopen — early bars may not be representative
21:16 UTC
Downtrend, drifting lower after impulse drop · RSI 40 · price 156.536
Lower highs since 156.99, holding above 156.43 low.
Sharp impulsive drop from 156.82 to 156.43 broke the prior consolidation, with price then chopping in a 156.43–156.77 range through NY hours. Latest tick at 156.536 sits in the lower half of that range, RSI(14) flat near 40, no fresh momentum either way.
Support: 156.507, 156.432
Resistance: 156.715, 156.774
What it said to watch
Break below 156.432 swing low confirms continuation of the downtrend
Reclaim of 156.715 prior swing would neutralise the bearish leg
Thin liquidity print at 21:15 — limited structural weight until Asia session opens
21:01 UTC
Downtrend, stabilising · RSI 47 · price 156.698
Lower highs, base forming above 156.43.
Sharp NY-session drop from 156.83 down to 156.43 was followed by a base and grind back to 156.70, where supply has capped twice. Price now sits mid-range between session low at 156.59 and intraday high at 156.74, RSI(14) flat near 47.
Support: 156.59, 156.43
Resistance: 156.74, 156.83
What it said to watch
M15 close above 156.74 opens path back to the 156.83 pre-drop shelf
Loss of 156.59 reopens the 156.43 swing low
Headline risk on Iran/US negotiations could spike volatility outside structure