BoJ: Amamiya’s appointment would be most supportive of USD/JPY upside – OCBC

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BoJ: Amamiya’s appointment would be most supportive of USD/JPY upside – OCBC
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BoJ: Amamiya’s appointment would be most supportive of USD/JPY upside – OCBC USDJPY BOJ Banks

“Daily momentum is bullish but rise in RSI moderated. Upside momentum is likely to have slowed.”“Support at 131 and 130 , 127.50 levels .”on the list of BoJ nominees that is likely to be presented to parliament on 10 February though there are reports suggesting a delay to next week. Amamiya’s appointment would be most supportive of USD/JPY upside while Yamaguchi’s appointment could weigh on USD/JPY.

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