Key takeaways USD/JPY rebound stalls: The 3-day rebound is losing momentum at the key 158.55 inflexion level, with technical signals pointing to bearish reversal risk. UST-JGB yield gap narrows: The 2-year yield spread has fallen to 2.64%, which could support renewed yen strength if the narrowing continues. NFP is the key catalyst: A break below […]
The post Chart Alert: Yen’s 3-Day Weakness Pauses at Key 158.55/USD Inflexion Level Ahead of NFP appeared first on ActionForex.
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