USD/JPY Expected to Consolidate in Range: What Traders Need to Know
The USD is projected to trade within a range of 145.70 to 147.50, according to UOB Group. Current upward momentum appears to be diminishing, leading analysts to suggest stabilization in the USD/JPY pair. Keeping a close watch on these trends will be critical for traders looking to anticipate future movements. By understanding the factors driving this consolidation, investors can make more informed trading decisions and plan their strategies more effectively.