USDJPY Poised for a Higher Trading Range of 14450 to 14550 as Momentum Builds
The USDJPY is likely to experience an upward shift, establishing a higher trading range of 14450 to 14550. Analysts from UOB Group suggest that while upward momentum is increasing, it has not yet set a clear trajectory for a sustained advancement. To confirm this trend, the USD must break and hold above the 14550 mark. As traders brace for market volatility, they should keep a close watch on these levels to gauge potential trading strategies.