After having breached the swing level at 148.492, USD/JPY is currently trading between 148.492 and 148.403. A further weakening of the pair will open the way for USD/JPY to plunge below the target at 148.403 opening the way to test the support levels at 148.358 and 148.269.
Price Action
Friday, July 18 2025

03:17 pm (GMT +0300)
30 minutes Timeframe
Should the pair manage to exceed the resistance level at 148.715, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
148.403
Target 2
148.358
Target 3
148.269
Target 4
148.158

Entry
148.492

Stop Loss
148.715
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Friday, July 18 2025

03:17 pm (GMT +0300)
30 minutes Timeframe
After having breached the swing level at 148.492, USD/JPY is currently trading between 148.492 and 148.403. A further weakening of the pair will open the way for USD/JPY to plunge below the target at 148.403 opening the way to test the support levels at 148.358 and 148.269.
Should the pair manage to exceed the resistance level at 148.715, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
148.403
Target 2
148.358
Target 3
148.269
Target 4
148.158

Entry
148.492

Stop Loss
148.715
Trend Confirmation
Momentum
LWMA
MACD