USD moves to 4-week high. Spike in yields continue with 10 year back above 200 day MA
<p>The USD is trading to a new four-week high helped by rising yields. The 10-year yield has moved back above its 100 day moving average at 4.173%. The next key target comes against the January highs near 4.20% (I take a technical look at the 10 year yield in the video).</p><p>In this video, I also take a look at the technicals driving the:</p><ul><li>USDCHF (stretches toward its 2024 high at 0.87277),</li><li>USDJPY (back up testing and breaking above 2024 highs), and the </li><li>AUDUSD (breaking below the 61.8% retracement of the move up from the October low at 0.6500)</li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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