• RES 4: 147.25 3.00 proj of the Aug 2 - 8 - 11 price swing
• RES 3: 146.52 1.236 proj of the May 24 - Jul 14 - Aug 2 price swing
• RES 2: 146.03 2.764 proj of the Aug 2 - 8 - 11 price swing
• RES 1: 145.37 Intraday high
• PRICE: 144.86 @ 06:33 BST Sep 22
• SUP 1: 142.65 Low Sep 19
• SUP 2: 141.51 Low Sep 9
• SUP 3: 141.43 20-day EMA
• SUP 4: 139.87 Low Sep 2

USDJPY has traded higher today and delivered a print above 144.99, the Sep 7 trend high. This reinforces the underlying uptrend and highlights a resumption of it. Furthermore, the move higher maintains the bullish price sequence of higher highs and higher lows. The focus shifts to 146.03, a Fibonacci projection. On the downside, recent price action has defined 141.51 as the key short-term support.