FX.co ★ USD/JPY Forecast for June 12, 2025

The price correction since May 27 was complex and prolonged, posing a risk of a breakout above 146.11. However, this risk is no longer a concern with the reversal from 145.08, the drop below the balance line (red moving average), and the Marlin oscillator entering the negative territory.

The downside target is 141.70, toward which the MACD line is approaching. The 143.45 support level serves as an intermediate threshold. A firm move below 141.70 would enable the bears to push deeper toward 139.59.

The price has fallen below the balance line on the four-hour chart, and the oscillator's signal line has moved into the downtrend zone. However, the 143.45 support level is reinforced by the MACD line. Therefore, only a confirmed break below this level would signal a faster decline in price.