USD/JPY Set for Range Trading Phase Between 148.80 and 149.90
Analysts forecast that the USD/JPY pair has likely entered a range trading phase between 148.80 and 149.90. Looking ahead, there is potential for the USD to strengthen towards 150.30, according to insights from UOB Group’s analysts. As market momentum builds, understanding these patterns will be crucial for forex traders aiming to capitalize on the fluctuations. Staying informed on economic indicators and geopolitical events will also provide a strategic edge in this evolving market environment.