USD/JPY: Return Of Risk-Off Flows Encapsulates The Pair
The micro trend in US yields is causing JPY demand to make its way back.
The sharp sell-off in US equities on Tuesday has firmed up prognosis of value selling strength.
The DXY strength keeps demand on weakness but alone unlikely to sustain the bull trend.
A resolution of the tight range critical to stimulating next directional flows.
The overall technical outlook remains positive as per higher highs prior to current acceptance.
The sharp sell-off in US equities on Tuesday has firmed up prognosis of value selling strength.
The DXY strength keeps demand on weakness but alone unlikely to sustain the bull trend.
A resolution of the tight range critical to stimulating next directional flows.
The overall technical outlook remains positive as per higher highs prior to current acceptance.
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