OmiFX8

USD/JPY closing key trendlne, breakout elusive on 10yr yield

TVC:US10Y   US Government Bonds 10 YR Yield
USD/jPY approaching 110.84 - support of trend line from Jan 4 lows.

Break lower likely with RSI below 50. Chaikin money flow below drops below zero.

10-year treasury yield against fails to see falling wedge breakout. If the yield breaks higher from falling wedge, UJ will likely bounce from the ascending trend line support.


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