USD/JPY Seeks Technical Target at 146.05: Analysis by UOB Group
USD/JPY Eyes 146.05 as Technical Target
The US dollar (USD) is on a potential path of decline against the Japanese yen (JPY). UOB Group analysts note that 146.05 could serve as the next technical target if the downward trends persist.
As forex traders navigate these fluctuations, they should remain updated on critical market indicators and signals that could affect the USD/JPY pairing. Preparation is key in uncertain environments.