Japanese Yen: Range Trading Seen at 157.00-158.60 Against US Dollar – UOB Uob’s Quek Ser Leang and Lee Sue Ann Observe

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.</p

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

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