USD/JPY Break Below 142 Could Test Support Levels at 140 and 136.50
By tredu.com • 7/2/2025
Tredu
USD/JPY Break Below 142 Could Test Support at 140 and 136.50
The USD/JPY currency pair recently slipped beneath its multi-month trend line and is edging closer to a critical support zone around 142.10 to 141.50. While momentum indicators remain inconclusive, a clear break below this area may open the door for further downside action. Key support levels to watch next are 140 and, if bearish momentum continues, 136.50.
Traders should monitor these technical levels closely to gauge the next directional move for USD/JPY, as a sustained break below 142 could signal deeper corrections in the pair.
Related Reads on Tredu:
- USD/JPY Technical Levels and Forecast
- Forex Trading Strategies for USD/JPY
- How Trend Lines Influence Forex Price Action
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