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

USD/JPY stayed firm amid dollar strength. Analysts at OCBC Bank maintain a positive bias in the pair as USD/JPY trades above the 110.00 level.

Buoyant again

“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.”