USD/JPY – Monday, July 7, 2025.

With the release of positive US economic data and the BOJ's policy stance remaining Dovish, today USD/JPY has the potential to strengthen.

Key Levels

1. Resistance. 2 : 145.35.

2. Resistance. 1 : 144.93.

3. Pivot : 144.56.

4. Support. 1 : 144.14.

5. Support. 2 : 143.77.

Tactical Scenario

Positive Reaction Zone: If the Pivot level of 144.56 is strong enough to withstand the momentary downward correction that occurs in USD/JPY, it will bring USD/JPY back up to 145.35

Momentum Extension Bias: If 145.35 is successfully broken and closes above it, USD/JPY has the potential to continue strengthening again to 145.72.

Invalidation Level / Bias Revision

Upside bias weakens when the correction price weakens down to break and close below 143.77.

Technical Summary

The condition of the EMA 50 which is still a golden cross is above the EMA 200 and the RSI (14) which is at 64.81 means that the momentum condition is Neutral Bullish, giving a strong indication that in the near future USD/JPY will still move positively Bullish.

Economic News Release Agenda:

1. Japan Average Cash Earnings y/y - 06:30 WIB.

2. Japan Leading Indicators - 12:00 WIB.