According to UOB Group’s analysis, the USD/JPY pair is expected to continue trading within the established range of 146.50 to 149.50. Although the US Dollar (USD) may rebound against the Japanese Yen (JPY), a significant upward breakout above 148.80 appears unlikely at this time. Long-term assessments indicate that the recent downward momentum has slowed. Traders should remain vigilant as price fluctuations within this range could provide opportunities to capitalize on the market’s movement while also managing risks as currency trends evolve.