USD/JPY Price Aiming to Pounce 145.0 After Downbeat US ADP

<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" 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 is bearish as long as it stays below the median line. The US and Japanese data should be decisive tomorrow. The S2 stands as a static support. The USD/JPY price slumped well below yesterday’s low of 146.89. Fundamentally, the US dollar’s depreciation was expected after the US ADP Nonfarm Employment Change came in…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/07/usd-jpy-price-aiming-to-pounce-145-0-after-downbeat-us-adp/">USD/JPY Price Aiming to Pounce 145.0 After Downbeat US ADP</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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