19:00 UTC
Uptrend, reclaiming range highs · RSI 57 · price 158.87
Multi-quarter range, upper half.
USDJPY has spent the past year ranging between the April low at 139.89 and the prior high near 160.40, with price now in the upper half of that range after reclaiming the 153.80 broken support. EMA(50) on W1 is flat-to-rising and price holds clearly above it, keeping the macro structure intact rather than reverting. RSI near 57 reflects momentum but not extension, leaving 160.40 as the regime-defining cap.
Support: 152.50, 139.89
Resistance: 160.40, 153.80
What it said to watch
- Weekly close above 160.40 prior high opens the path to fresh multi-year extension
- Loss of 152.50 ema20 on a weekly close would shift the read back to mid-range
- Headline risk around reported intervention chatter could materially shift this read