Today News: USD/JPY [10 Nov 2021] - FXsources


Bears seek a run to 112.08 while
bulls look to 113.20

USD/JPY bears are in control from a daily basis while below 113.20

but are stalling in what could be hourly accumulation.


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USD/JPY holds below 113.00

USD/JPY is trading under the 113.00 mark during

early Asian session hours on Wednesday. 


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Trades below 113.00

On Monday, the decline of the USD/JPY currency pair

reached below the support of the 113.00 mark


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USD/JPY struggles near multi-week lows

The USD/JPY pair maintained its offered tone through the mid-European

session and was seen trading around the 112.90-85 


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Bull Flag Pattern Unravels Following
Four Day Decline

USD/JPY extends the decline from the start of the week as the 10-Year

US Treasury yield sits near the monthly low (1.44%)


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USD/JPY hits fresh monthly lows below 113.00
amid weaker Treasury yields

USD/JPY is pressuring monthly lows below the 113.00 levels,

as bears remain in control amid the risk-off mood


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