The USD/JPY currency pair is showing signs of potential strength, yet analysts from UOB Group caution that any upward movement may stall short of the 157.20 level. With the current exchange rate dynamics, a decisive close above this threshold is critical for the USD to build momentum towards a target of 157.90.
Market observers should note that while further gains are possible, they are contingent upon the USD sustaining its position above 157.20. Traders will be closely monitoring these technical levels, as movement beyond this point could signal stronger bullish sentiment in the forex market for the US Dollar against the Japanese Yen.
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Data Source: FX Killer Analysis Team Updated: 2025-12-10 10:24
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.