• USD/JPY to continue enjoying bullish momentum while above 110.00 - OCBC

Market news

13 August 2021

USD/JPY to continue enjoying bullish momentum while above 110.00 - OCBC

FXStreet reports that analysts at OCBC Bank suggest that USD/JPY is to maintain a positive bias while trading above the 110.00 level.

“The USD/-JPY pair held steady despite the broader USD advance.”

“Near-term support remains at 110.00.”

“So long as 110.00 holds, the pair retains a positive momentum.”

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