USD/JPY: Likely to range-trade between 156.00 and 156.75 – UOB Group
Por FXStreet Insights Team
Data de Publicação: 28 Nov 2025 | Data de Modificação: 28 Nov 2025
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USD is likely to trade sideways between 156.00 and 156.75. In the longer run, soft underlying tone suggests there is a chance for USD to edge downward; any decline is likely part of a lower range of 155.05/157.05, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD is likely to trade sideways between 156.00 and 156.75. In the longer run, soft underlying tone suggests there is a chance for USD to edge downward; any decline is likely part of a lower range of 155.05/157.05, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Chance for USD/JPY to edge downward
24-HOUR VIEW: "While we indicated yesterday that 'there is a chance for USD to test 155.55', we pointed out that 'the major support at 155.05 is not expected to come under threat'. USD then declined, but it rebounded from a low of 155.69. Momentum indicators are turning flat, and USD is likely to trade sideways today, probably between 156.00 and 156.75."
1-3 WEEKS VIEW: "In our most recent narrative from two days ago (26 Nov, spot at 156.15), we highlighted that 'the soft underlying tone suggests there is a chance for USD to edge downward, but any decline is likely part of a lower range of 155.05/157.05'. There is no change in our view for now."
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