With US 10 year yields flirting with 2% the dollar gets its bid on
Some stops were said to have been hit through 119.00 causing the run up to 119.16 and further selling interest at 119.20, the 100 dma at 119.18 and the 55 H4 ma at 119.23 provide the near resistance for now.
USDJPY daily
US 10's are trying to break into 2.0% but remain down on the day with the rest of the long end. In the shorter end yields are up on the day marginally. It looks like we're going to see a lot of positioning ahead of the FOMC tonight and indecision on how the Fed is going to play the expected weak first quarter