The US Dollar (USD) is anticipated to trade within a range, expected to fluctuate between 147.00 and 148.00 against the Japanese Yen (JPY). The longer-term market outlook remains mixed, with traders advised to focus on key support and resistance levels. Analysts from UOB Group, Quek Ser Leang and Peter Chia, suggest that this trading range reflects current market dynamics. As sentiment shifts, market participants should keep an eye on potential breakouts or consolidations within this bracket.