By Christopher Romano — May 06 - 11:40 AM
USD/JPY rallied to a 5-session high of 130.80 on EBS but gains faded
Softer US ratesEDM3US2YT=RR help drive broad based US$ weakness
USD/JPY briefly turns negative, is just above flat into Europe's close
Daily gravestone doji candle forms, daily RSI diverges on the new high
Daily tech signals warn longs that a corrective pull back could be due
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Source:
Refinitiv IFR Research/Market Commentary