USD/JPY Price Analysis: Downside Correction After CPI-Led Rally

<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" decoding="async" style="margin-bottom: 15px;" 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>Robust US consumer price data renewed the possibility of the Fed raising interest rates further. The yen retreated toward the critical 150 level, leading to speculation about currency market intervention. There was a slight increase in Japanese households’ price expectations. The dollar fell slightly following its most significant daily gain since March the day before,…</p>
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