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Japanese Yen: Range trading seen at 157.00-158.60 against US Dollar - UOB

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.

Japanese Yen: Range trading seen at 157.00-158.60 against US Dollar - UOB

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