USD/JPY Price Wobbling at 148.0 on a Thin Trading Day

<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 the DXY rallies. A new lower low activates a sell-off. The FOMC is seen as the most important event of the week. The USD/JPY price remains bullish despite minor retreats. The pair is trading at 147.98 at the time of writing and is struggling to extend its growth amid the…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/29/usd-jpy-price-wobbling-at-148-0-on-a-thin-trading-day/">USD/JPY Price Wobbling at 148.0 on a Thin Trading Day</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>