USD/JPY Price Analysis: Bulls move in on 135 the figure USDJPY Technical Analysis
strengthened on Wednesday, lifted by rising Treasury yields with the yield on two-year Treasury notes, which are sensitive to expectations for the US central bank's monetary policy, added hit a one-month high of 4.286%. This is seeing USD/JPY rally towards 135.11 on the front side of the bullish trend as the following illustrates:
The market has been carving out a bullish bias for the best part of April so far and a break of the 135.11s opens risk to the 137s. Share:Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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