USD/JPY Set to Bridge the Gap: Technical Signal Points to Potential Price Reversal
USD/JPY gap from 145.30–145.50 is on traders’ radar as a potential pullback target amid recent bullish momentum. Technicals suggest a possible correction to fill this open gap, supported by a consolidating RSI and 50-day MA support. Fed’s hawkish stance vs. BOJ’s dovish policy keeps the pair’s longer-term uptrend intact. Watch for price action near the gap as it may signal short-term selling or renewed buying pressure. #FX #USDJPY #ForexAnalysis