USD JPY withdrawal across the board
4/10/2017 2:29:03 PM
The USD/JPY pair converses a spike above 111.53 levels in Forex market and now confronts fresh selling interest, as the treasury yields speed up its withdrawal across the curve, sending the USD somewhat away from several week tops got against its main rival.
The main finds immediate persistence at 111.45. A break above the last, the major could test 111.90/112.05 and 112.70 beyond the last. While to the downside, the immediate support is perceived at 111.15 next at 110.87 and below that at 110.53.
FOREX market analysis by FxErvin.