Japanese Yen To Stay In The Recovery Mode, While Yields Are Turning From Resistance

We talked about limited weakness and recovery on Japanese yen right before intervention on April 26 We talked about limited weakness and recovery on Japanese yen right before intervention on April 26. As you can see, yen is already recovering because US 10Yr Yields are already turning down from resistance, while Japan 10Yr Yields are barely trying to follow due to holidays in Japan recently. If Yields will keep weakening then Japanese yen will most likely stay in the recovery mode, just be aware of short-term pullbacks. More By This Author:Total Market Cap In Deep Corrective Retracement
We talked about limited weakness and recovery on Japanese yen right before intervention on April 26
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