USD/JPY NUDGES BACK LOWER WITH BOND YIELDS IN FOCUS

Tina Collins

25 Feb 2025

USD/JPY falls back to 149.50 after briefly rising above 150.00.

The pair touched a high of 150.30 but was stopped by the 100-hour moving average.

A bearish near-term bias persists, with sellers pushing for another test below 150.00.

Key test for sellers remains near the December lows around 148.65-00.

Downside momentum continues since the beginning of the year.

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