JPY make or break

26 Nis 2018

As bond yields break 4 year highs, traders take a break from their bearish Dollar view to push USD Index to 4 month highs. USDJPY looks to now be at a make or break point. We prefer a consolidation under the resistance line however a move above will open up a larger move to 110 and above.

2 May 2018

Not

Good break and run on this pair with the tech text books saying it should break out the topside of the triangle which currently sits around 112.30 ish