On the 4-Hour chart, you can begin to see a bounce up off the bottom "up-trend" line (shown in green), towards the resistance down-trend line (shown in red) of this triangle formation.
My overall sentiment is that USDJPY is bearish, but it might go back and forth in this pattern until the triangle eventually squeezes it down.
At the time of this post - US10Y and US02Y are up, but US30Y is down.
My overall sentiment is that USDJPY is bearish, but it might go back and forth in this pattern until the triangle eventually squeezes it down.
At the time of this post - US10Y and US02Y are up, but US30Y is down.
If you're gonna be a bear, be a grizzly