USD/JPY: Likely to trade in a higher trading range of 144.50/145.50 – UOB Group

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  Posted by Two Blokes Jun 11 - Filed in Forex - 3 views
  
  Slight increase in upward momentum is likely to lead to a higher trading range of 144.50/145.50. In the longer run, increase in momentum is not sufficient to indicate a sustained advance just yet; USD must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.