By Christopher Romano — Nov 15 - 10:00 AM
USD/JPY fell to a 6-session low of 150.05 on EBS, buyers then emerged
US yield US2YT=RR drove broad based US$ buys; USD/JPY turned positive
Pair lifted above the 10-DMA and traded near 151.20, up +0.53%
Daily RSI diverged on the low, a daily bull hammer candle formed
Short-term signals suggests USD/JPY's up trend may not be finished
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Source:
Refinitiv IFR Research/Market Commentary