USD/JPY Price Loses Steam Above 150.0, Eyes on US PCE

<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>The bias remains bullish as long as it stays above the uptrend line. The US data could bring high action later today. I’ve drawn a descending pitchfork, hoping to catch a new leg. The USD/JPY price is trading in the red at 150.01. After the last rally, a downside correction was due. Still, the bias…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/usd-jpy-price-loses-steam-above-150-0-eyes-on-us-pce/">USD/JPY Price Loses Steam Above 150.0, Eyes on US PCE</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>