10Y US Treasury yields keeps pointing lower, as we see a bearish triangle formation within wave 4 correction that can send the price even lower for wave 5. If that’s the case, then respecting correlations, USDJPY can see more gains for wave 5, as we also see a bullish triangle pattern within wave 4.
Bearish Looking 10Y US Notes Can Push USDJPY Higher by ew-forecast on TradingView.com
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