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USD/JPY Signal - USD 7 Year Note Auction - 28 Sep 2021

Short
Dollar Américain / Yen japonais (FX:USDJPY)  
ToniSignals  
FX:USDJPY   Dollar Américain / Yen japonais
Trend Analysis Supply and Demand Technical Indicators USDJPY USD yields bonds Forex forexsignals freeforexsignals
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trendanalysis supplyanddemand indicator usdjpy usd yields bonds forex forexsignals freeforexsignals
USDJPY has bearish divergence prior to the USD 7 Year note auction, which shows the yields on the US Government backed security. Technically the pair has been in a bull market, however the RSI is showing strong bearish divergence and the ADX has dropped showing the trend has lost steam. We anticipate a retracement into support.

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