USD/JPY Tries To Rebound As Treasury Yields Move Away From Session Highs
USD/JPY moved away from session lows as Treasury yields pulled back from recent highs. The strong move in Treasury yields has served as the key driver for USD/JPY in recent trading sessions.
In case USD/JPY manages to settle above the 144.00 level, it will move towards the resistance level at 146.50 – 147.00.
USD/JPY 140425 4h Chart