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November 27, 2024

USD/JPY Pullback Signals Potential Changes Ahead

USD/JPY has continued to decline, aligning with expectations of a downward bias in the market. The pair currently trades around the 151.35 mark, according to insights from OCBC’s FX analysts. Market dynamics suggest that traders should prepare for further movement under current conditions. Upcoming economic data could provide vital clues regarding potential reversals or further declines. Watch this space closely for updates as the situation develops.

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