USD/JPY Analysis – 21.Jul.2025

USD/JPY Analysis : By analyzing the USDJPY chart on the 4-hour timeframe, we can see that, as expected, the price finally started to drop from the highlighted supply zone and successfully hit all three bearish targets at 148.29, 148.08, and 147.5. It is now trading around 147.4 and may extend its decline toward 147.2. Keep an eye on how the price reacts to this key demand level. This analysis will be updated! The total return from this move has been over 170 pips.
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Author : Arman Shaban
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