USD/JPY Set for a Range-Bound Trading Phase
The US Dollar is expected to trade between 150.80 and 152.60. UOB Group analysts Quek Ser Leang and Lee Sue Ann emphasize the rising downward momentum. Conditions are reportedly oversold, suggesting that the pair may not approach 149.40 anytime soon. Traders should keep an eye on these levels as market dynamics continue to evolve.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]