The USD/JPY currency pair is showing potential to surpass the 155.00 mark, according to analysts from UOB Group. While a rise above this psychological level is conceivable, sustained trading above it appears unlikely in the near term. This suggests that traders should closely monitor the exchange rate for signs of resistance.
In the longer term, market dynamics indicate an upward bias for the USD, although any significant gains may be limited around the 155.55 threshold. This capped potential reflects ongoing fluctuations in the forex market, with traders anticipating how economic indicators will influence the USD's performance against the Japanese Yen. As such, participants should remain vigilant in tracking movements that could affect trading strategies.
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Data Source: FX Killer Analysis Team Updated: 2025-11-14 13:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.