USD/JPY Price Accumulating Bullish Energy Ahead of US ISM

<div><img width="838" height="554" src="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg" class="type:primaryImage wp-post-image" alt="my USD/JPY price analysis outlook forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg 838w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-300×198.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-150×99.jpg 150w" sizes="(max-width: 838px) 100vw, 838px" /></div>
<p>The current sideways movement is seen as a bullish formation. The upper median line (uml) stands as an important upside target. The US data should bring high action today. The USD/JPY price is trading at 148.02 at the time of writing and looks overbought in the short term. After the recent rally, the pair may…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/01/usd-jpy-price-accumulating-bullish-energy-ahead-of-us-ism/">USD/JPY Price Accumulating Bullish Energy Ahead of US ISM</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>