Analysts see limited movement in the pair, with intraday trading confined to 157.00–157.95 amid flat momentum.
The USD/JPY pair remains subdued, trading within a narrow range of 157.15–157.95 as momentum flattens. Analysts note the lack of directional bias, with intraday support at 157.00 and resistance near 160.00.
Recent price action contrasts with earlier volatility, as the pair struggles to break out of its current band. No significant catalysts have emerged to drive a sustained move in either direction.
Market reaction has been muted, with traders awaiting fresh signals before repositioning. The focus remains on potential shifts in monetary policy or macroeconomic data that could alter the pair’s trajectory.