Market Signal:BULLISH (medium Impact)
Japanese Yen: Range trading seen at 157.00-158.60 against US Dollar - UOB
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Target Assets:#USD_PKR
Executive AI Takeaway
Japanese Yen: Range trading seen at 157.00-158.60 against US Dollar - UOB — Market signal: BULLISH (medium Impact)
UOB’s Quek Ser Leang and Lee Sue Ann observe USD/JPY broke above the prior 157.80 strong resistance, reaching 157.97, with negative divergence signalling slowing upside momentum and no imminent pullback. Intraday, they expect consolidation between 157.55 and 158.05.
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