USDJPY: Key Resistance Builds Pressure Amid Sideways Consolidation, Short-Term Pullback Possible
Over the past three trading days, USDJPY has oscillated within a narrow range between 154.3 and 154.7, closing at 154.723 yesterday. The currency pair remains strong but is struggling to break out decisively. With no major market news driving the price this week, the mild upward move stems mainly from persistent USD demand. Poor Chinese economic data coupled with ongoing yen weakness has led investors to adopt a cautious trading stance. For average investors, USDJPY is currently revisiting its s












