USD/JPY Remains In Downtrend, US GDP Disappoints At 4.9%

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-jpy45.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Key Highlights USD/JPY failed to clear the 145.00 resistance zone and declined. A major bearish trend line is forming with resistance at 144.00 on the 4-hour chart. EUR/USD and GBP/USD remained in a positive zone and eye more gains. The US GDP grew 4.9% in Q3 2023, less than the market forecast of 5.2%. USD/JPY [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532829-usd-jpy-remains-in-downtrend-us-gdp-disappoints-at-4-9/">USD/JPY Remains In Downtrend, US GDP Disappoints At 4.9%</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>