USDJPY Daily TF - July 6th, 2025

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USDJPY 7/6/2025
USDJPY Daily Neutral Idea

Monthly - Bullish
Weekly - Bearish
Daily - Bearish

We’re still on the daily timeframe with UJ as there is nothing worthwhile. We are clearly in some daily consolidation phase and price action has no clear direction from a swing perspective.

Bearish Continuation - For us to consider a bearish continuation, which is the most likely, we would like to see a retest of our 147.500 zone followed by strong bearish rejection. If we can spot rejection around the 147.500 zone it could present some decent short positions. I’d be looking to target lower toward key support levels.

Aside from this potential setup i’m not looking at any other scenarios for UJ.

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