USD/JPY Price Accumulating Buying at 145.0, Eyes on US PPI

<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 bias remains bullish as long as it stays above the 50% Fibonacci line. The PPI and Core PPI should move the rate today. After the last rally, a retreat was natural. The USD/JPY price is trading at 145.21 at the time of writing, far below yesterday’s high of 146.41. The bias remains bullish. Surprisingly…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/12/usd-jpy-price-accumulating-buying-at-145-0-eyes-on-us-ppi/">USD/JPY Price Accumulating Buying at 145.0, Eyes on US PPI</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>