The US yields are still on the rise, and US dollar looks strong, but not that much vs. commodity currencies. Looking at the United States 10-Year notes bearish pattern, we see room for more weakness which may allow DXY to retest the 100 mark.
USD/JPY keeps moving higher, now already above 120.00 level, but there is still a risk for a deeper pullback into wave 4, so buying here can be very risky. We still favor a pullback before the uptrend resume towards even higher prices. Supports are now at 119.00, then 118.33 and 117.65.
