There is strong support observed at 141.60 for USDJPY at a current rate of 142.360, according to UOB.

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USDJPY Chart by TradingView

The continuation of the retracement in USD/JPY should face strong support around 141.60 ahead of 140.95, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang.

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