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FxWirePro- Woodies Pivot(Major)

FxWirePro- Major Pair levels and bias summary

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USD/JPY uptrend stalled by weaker USD-JPY 2-yr yield spreads & N225

Friday, May 29, 2015 12:25 PM UTC

USD/JPY holding hourly up TrendLine from the 27th, last at 123.65; Japan bids down to 123.50
Weaker USD-JPY 2-yr yield spreads & N225 prices stalling daily uptrend
124.50 barriers key pivot toward 125 RKO and major tech defenses
Short-Term overbought divergence worked off after Aso-inspired pullback Thur
EconMin Amari's overnight f/x comment show little resistance to recent yen slide

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USD/JPY uptrend stalled by weaker USD-JPY 2-yr yield spreads & N225

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