USD/JPY range-trading phase projected between 161.20 and 161.80
The Japanese Yen is under pressure, with bears eyeing the 2024 low at 162.00 against the US Dollar.
The USD/JPY remains in a range-trading phase intraday, with a narrow range of 161.25–161.73.
The current trading phase is projected to continue between 161.20 and 161.80.