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Forex pairs in this Article » USD/JPY (Barcelona) - Emmanuel Ng of OCBC Bank feels that with the Fed and the BOJ still essentially on opposite ends of the monetary policy court, he continues to favor a buy-dips stance for USD/JPY barring a meltdown in EZ/Mid-East geo-political risks.

He writes, “Initial top side resistance is expected towards 101.25 as the pair continues to orbit the century mark while supports are envisaged around the 55-day MA (992.5) and then at 98.20.”
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