– US Dollar holds key technical support versus Japanese Yen, but focus remains to the downside
– Key risks to highly-correlated Japanese Nikkei 225 and US Treasury Yields serve as warning
– Our technical forecast favors USDJPY weakness below ¥103 despite bounce
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— Written by David Rodriguez, Quantitative Strategist for DailyFX.com David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.
Contact and follow David via Twitter: https://twitter.com/DRodriguezFX