USD/JPY: Scope to move lower to 153.00 – UOB Group

Published 6 days ago Positive
USD/JPY: Scope to move lower to 153.00 – UOB Group
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There is scope for US Dollar (USD) to move lower to 153.00; based on the current momentum, it is unlikely to break clearly below this level. In the longer run, USD appears to have entered a 152.40/154.40 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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