The USD/JPY currency pair is expected to trade within a range of 156.00 to 156.75 in the near term, according to UOB Group's FX analysts, Quek Ser Leang and Peter Chia. The analysts note that while the exchange rate is set for sideways movement, there remains a soft underlying tone that could lead to a potential decline.
In the longer term, any downward movement in the USD against the JPY may establish a lower trading range between 155.05 and 157.05. This outlook suggests that traders should remain cautious, as fluctuations within this corridor could signal further challenges for the USD in the face of evolving market dynamics.
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Data Source: FX Killer Analysis Team Updated: 2025-11-28 11:38
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.