USD/JPY: Likely to trade in a higher range of 143.30/144.30 – UOB Group

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  Posted by Two Blokes Jun 4 - Filed in Forex - 2 views
  
  Any further rebound is likely part of a higher range of 143.30/144.30 instead of a sustained advance. In the longer run, price action suggests that USD is still trading in a range, most likely between 142.10 and 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.