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Rising yields & stocks push USD/JPY price past 119.21

Thursday, February 26, 2015 3:55 PM UTC

Source: Thomson Reuters

USD/JPY clears 119.21 hurdles on rising USD-JPY yield spreads & surging N225 futures
119.21 is hourly Cloud top & 61.8% of this week's 119.83-118.59 drop
Higher daily low today above the 21-DMA & Kijun at 118.63/57 reinforces bid
US data not clearly bullish, USD broadly stronger, while most JPY crosses slip back
Light offers 119.30-50, 119.80-120

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Rising yields & stocks push USD/JPY price past 119.21

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