The USDJPY currency pair is currently at a rate of 139.416 and is experiencing an increase in downward momentum, which is happening at a faster rate, according to UOB.

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USDJPY Chart by TradingView

In the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, USD/JPY risks sustained pullbacks on a break below 138.50.

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