UOB Group Forecasts Range-Bound Trading for USD/JPY, with Potential for Further Downside

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UOB Group analysts anticipate that the USD/JPY pair will continue to trade within a range in the near term, potentially moving between 143.50 and 146.20. The pair’s recent price action suggests slowing downward momentum, but the overall weakness persists as long as the strong resistance level at 148.30 remains unbroken. Key Takeaways: Market Implications: Traders […]