USD/JPY points to test stubborn resistance at 115.30 – OCBC

Market news

19 January 2022

USD/JPY points to test stubborn resistance at 115.30 – OCBC

USD/JPY stands on slippery grounds. However, economists at OCBC Bank believe that the pair’s picture has brightened and spots a tough resistance at the 115.30 mark.

Turning positive

“Still range-bound between 114.00 to 115.00 for now, but the posture has turned more positive.”

“115.30 may be a firmer resistance for now.”

Currencies. Daily history for Wednesday, January 19, 2022

Commodities. Daily history for Tuesday, January 18, 2022

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