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07.12.202206:55 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of USD/JPY Major Currency Pairs, Wednesday December 07, 2022.

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With USD/JPY stuck at the level of the Fair Value Gap area (Pink Box) on the daily chart, now the main currency pair has the potential to depreciate to the 133.63 level as the main target and the 131.78 level as the second target, suddenly USD/JPY corrected upwards to exceed the level of 142.25 where this has been confirmed by a deviation between price movements and the CCI indicator, the downward scenario described earlier will cancel itself.

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