16:25 UTC
Uptrend, near multi-quarter highs · RSI 64 · price 159.715
Higher lows since April, pressing prior-year high.
Macro regime is a grinding uptrend that resumed in April from the 142 base and has now reclaimed the 156–158 shelf that capped through late 2024. Price holds well above a rising W1 EMA(50) near 148, with consecutive higher weekly lows pressing the prior-year high at 160.40 — the multi-quarter pivot. RSI sits in the mid-60s, firm but not extreme, leaving room before the 70 threshold that defined prior tops.
Support: 156.00
Resistance: 160.40
What it said to watch
- Weekly close above 160.40 extends the trend toward fresh multi-year highs
- Rejection at the prior high with a weekly close back below 156.00 reopens the 152 swing low
- BoJ June meeting and intervention rhetoric around the 160 level could materially shift this read