Watch out for a failure at the neckline resistance of 2.31% followed by a break below 2.263%. Such a move would signal the corrective rally has ended and the yield is heading towards 2.00%.
Failure at the neckline would also signal a top in the Dollar-Yen and a potential sell-off in the equities.
Failure at the neckline would also signal a top in the Dollar-Yen and a potential sell-off in the equities.