Last test held.

Be aware, the USDJPY is retesting the 200 hour MA. Earlier in the day, the MA was broken....tested....and the price moved lower.

In the NY session, the price has rebounded. It started on the move back above the 100 bar MA on the 4-hour chart and then then move above the 100 hour MA.


Sellers are leaning against the MA n the test.

PS. Bond yield are trading up on the day now.

  • 2 year at 1.2321% up 2.5 bp
  • 5 year at 1.938% up 1.8 bp
  • 10 year at 2.4433% up 1.4 bp

The 5-year auction was not all that great today