USD/JPY: Both Treasury yields and US equities fell on Friday, most yen crosses were overbought on daily studies, adding to the yen’s rebound. The pair initially reached to a high of 104.13 but slid all the way back down to 103.20 area. USD/JPY retraced 38.2% of the rise from March 27 at 103.20 after near doubled daily highs. 103.10 cloud top just below.
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