USD/JPY at Crossroads: Breakout or Big Drop Ahead?

84
USD/JPY Analysis – July 2025
🔍 Technical:
Price: 144.50

Key Resistance: 149.50

Key Support: 140.12, then 117.64

Two possible moves:

Bullish: Break above 149.50 → Target 156+

Bearish: Stay below 149.50 → Drop to 140 → 128 → 117

🌍 Fundamental:
USD Strength: If inflation stays high, Fed may delay rate cuts.

JPY Strength: BOJ may shift policy or intervene if Yen weakens more.

🔑 Upcoming Events:
July 11 – US CPI

BOJ outlook & Fed comments matter

🎯 Outlook:
Bearish bias if price stays below 149.50.

Bullish only if clean breakout above resistance.

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