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USD/JPY holds a little lower after failure to get above 135.00 this week

The test of the 135.00 mark this week seems to coincide with 10-year Treasury yields having knocked on the door of its own 100-day moving average. Since then, yields have slipped as seen yesterday and that is taking USD/JPY down with it as the latter is now down another 0.3% today to 133.85 at the moment.Of note, we are seeing price run into a test of its 200-hour moving average (blue line) at 133.78 currently. Hold above and buyers are still in the game with the near-term bias keeping more neut... Read More

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Content Topics

Usd

Jpy

Holds

Little

Lower

After

Failure

Above

135

00 This

Usd jpy

135 00

Forex

Posted: Apr 21 2023, 04:41

Author Name: forexlive

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