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salsapete

USDJPY on retracement

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
salsapete Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Fundamental Analysis Technical Indicators Trend Analysis
1
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fundamental indicator trendanalysis
There is a notable shift in Government 10 Bond Yields , with the JP10Y up 39.44% compared to US10Y up 3.16% .

This should enable the Yen to gain on US dollar.

A reasonable expectation of the retracement is between the .50 and .618 levels , and the pair is presently a countertrend short.

Comment:
Target hit 16 June.
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