USD/JPY Price Challenges 146.5 as Risk Remains Sour

<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>A new higher high validates further growth. The US data should have a big impact during the week. The bias remains bullish as long as it stays above the 50% Fibonacci line. The USD/JPY price rallied in the short term, trading at 146.45 above the former high of 146.41. The bias is bullish as the…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/16/usd-jpy-price-challenges-146-5-as-risk-remains-sour/">USD/JPY Price Challenges 146.5 as Risk Remains Sour</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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