Market analysts warn of potential further weakness in the US Dollar versus the Japanese Yen. Key support levels have emerged at 142.50, leaving traders to speculate whether the Dollar can maintain its position. Despite being deeply oversold, signs indicate that the Dollar’s decline might not be over yet.

UOB Group analysts have noted the possibility of continued downward momentum in the mid-term. They suggest that investors should prepare for fluctuations at the 142.50 and 139.55 support levels. The mixed outlook reflects ongoing uncertainty, influenced by both domestic and international economic factors.

Traders are encouraged to stay informed about developments affecting the USD/JPY pair, as changes in market sentiment could lead to rapid shifts in exchange rates. Active monitoring and strategic adjustments will be essential for effective trading outcomes amid this evolving landscape.