USD/JPY pulled back towards the 145.50 level amid falling Treasury yields.
USD/JPY is under pressure as traders focus on the pullback in Treasury yields. The yield of 2-year Treasuries declined towards the 3.97% level, while the yield of 10-year Treasuries pulled back towards 4.45%.
If USD/JPY settles below the 50 MA at 145.43, it will move towards the support level, which is located in the 143.50 – 144.00 range.
