USD/JPY: Has a small chance of testing 151.30 – UOB Group
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UOB Group's FX analysts suggest the USD/JPY currency pair is approaching a critical resistance level at 151.30. While upward momentum remains unconvincing, a potential break above this level could trigger further gains towards 152.30. The analysts maintain a positive outlook as long as the strong support at 149.50 remains intact.
March 28, 2025 | 12:15 pm
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Currency pair showing potential for upward movement, with analysts noting a possible test of 151.30 resistance zone.
The analysis suggests a bullish sentiment with potential for upward movement if the 151.30 resistance is convincingly broken. Analysts maintain a positive outlook with strong support at 149.50.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100