Euro / Japanese Yen
Long

EURJPY 4Hour TF - July 6th, 2025

73
EURJPY 7/6/2025
EURJPY 4hour Bullish Idea

Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bullish

EJ is doing it’s thing and sticking with it’s bullish trend for now. The only conflicting signal is this major monthly zone around the 171.000 area so we will have to be careful.

Let’s keep a look out for two potential scenarios going into this week:

Bullish Continuation - We just saw a break above the 169.750 4hour zone which is fairly significant and it is signaling new support for this currently forming higher low, which is great. From here we’re looking for this bullish trend to continue, look for strong bullish conviction coming off this 169.750 zone and look to target higher.

Trend Reversal - This is a possibility with our 171.000 looming overhead. If we start to see bearish rejection look for a lower high below 169.750 and look to target lower toward key support levels.

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