USD/JPY Technical Analysis
USD/JPY looked good for a bullish move above the recent high of 112.17.
Bullish break above 112.17, however, needs to be backed by a falling channel breakout on the US 10-year yield, else the move above 112.17 may end up trapping buyers.
Bullish break above 112.17, however, needs to be backed by a falling channel breakout on the US 10-year yield, else the move above 112.17 may end up trapping buyers.
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