USDJPY has moved higher and appears to have broken it's downtrend since last year's March highs as it has consolidated above support at 103.7. This has been due to an increase in Treasury yields and we have therefore changed our long term view from short to neutral as we await US inflation data tomorrow for further price action.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.