USD/JPY Accelerates Lower As Dollar Takes Hit Post Fed Decision

<p><img width="501" height="344" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-jpy55.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/05/f-jpy55.jpg 501w, https://www.actionforex.com/wp-content/uploads/2018/05/f-jpy55-100×70.jpg 100w, https://www.actionforex.com/wp-content/uploads/2018/05/f-jpy55-218×150.jpg 218w" sizes="(max-width: 501px) 100vw, 501px" /></p>
<p>Key Highlights USD/JPY extended losses below the 142.50 support. A crucial bearish trend line is forming with resistance at 145.20 on the 4-hour chart. EUR/USD and GBP/USD surged after the Fed’s dovish stance. The US Manufacturing PMI could decline from 49.4 to 49.3 in Dec 2023 (Preliminary). USD/JPY Technical Analysis The US Dollar remained in [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531831-usd-jpy-accelerates-lower-as-dollar-takes-hit-post-fed-decision/">USD/JPY Accelerates Lower As Dollar Takes Hit Post Fed Decision</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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