According to analysts from UOB Group, the outlook for the US Dollar (USD) suggests a downside bias. However, the major support at 147.20 is not likely to be under threat, with another support level noted at 147.50. In the longer term, the USD is expected to trade within a defined range of 147.20 to 149.20.

This insight advises traders to closely monitor these levels as they provide a framework for assessing future movements of the USD against the Yen.