USD/JPY Retreats As Treasury Yields Move Lower
USD/JPY is under pressure as Treasury yields pull back. The yield of 2-year Treasuries declined towards the 3.95% level, while the yield of 10-year Treasuries settled below 4.30%.
In case USD/JPY declines below the 147.50 level, it will move towards the support level at 146.50 – 147.00.
USD/JPY 130325 4h Chart