The USD/JPY pair is expected to have a bearish outlook for the upcoming week due to negative US data and a hawkish stance by the Bank of Japan (BoJ). The US economic data has been disappointing, which is putting pressure on the US dollar. Additionally, the BoJ has signaled a more aggressive approach towards monetary policy, which is strengthening the Japanese yen. Traders should keep a close eye on these factors when trading the USD/JPY pair in the coming week.
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