USD/JPY Remains Trapped in a Correction Following BoJ

<p><img width="612" height="390" src="https://www.actionforex.com/wp-content/uploads/2018/09/f-jpy81-e1611384372470.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/09/f-jpy81-e1611384372470.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/09/f-jpy81-e1611384372470-600×382.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/09/f-jpy81-e1611384372470-300×191.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Today’s focus is on the Bank of Japan’s decision to maintain its current policy stance, which has led to a depreciation of the Japanese Yen. Consequently, the USD/JPY pair is on an upward trajectory, seeking higher resistance levels. Although this trend may extend further, there is an anticipation of a potential downturn in 2024. Ueda’s […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532418-usd-jpy-remains-trapped-in-a-correction-following-boj/">USD/JPY Remains Trapped in a Correction Following BoJ</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>