The USD/JPY currency pair is positioned to trade within a tight range of 149.05 to 150.20, as per UOB Group’s latest analysis. This range reflects current market sentiments and indicates that fluctuations could be minimal in the near term. Traders are advised to monitor price actions closely, as any deviations from this range might present trading opportunities. The stability in USD/JPY portrays a cautious market atmosphere where significant movements are less expected. Watch this space for updates, as any economic news could change the outlook for this currency pair.