USD/JPY Faces Resistance as Bears Maintain Control Below 148.80
The US Dollar remains under pressure below the significant 148.80 mark against the Japanese Yen. USD/JPY has recently extended declines, falling below the 147.50 level as bearish sentiment persists in the market. The struggle to establish a firm upward trend indicates a challenging environment for bullish traders. Market watchers should monitor upcoming developments to evaluate potential shifts in this pair. As the market fluctuates, staying attuned to pricing dynamics and economic indicators will be critical for making informed trading decisions.