USDJPY is trending to the downside prior to the USD 3 Month Bill Auction Data, which measures the yield on the US Government backed security. Technically the pair has broken the bull trend structure and we are anticipating a deeper correction into the 112.600 level.
Trade closed: stop reached
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Disclaimer
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.