USD/JPY upside ahead - OCBC Bank

FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank believes that USD/JPY could see some upside pressure today.

Key Quotes

“A supported to higher gradient for the USD/JPY may still be the most unambiguous directional trend in the immediate term, with the pair perhaps waiting for the outcome of the US labor market report tonight.”

“A subsequent way point beyond may be expected towards 104.55.”