Forex: USD/CHF, USD/JPY Outlooks Remain Bullish as US Yields Stay Elevated: 9/29/17

Forex: USD/CHF, USD/JPY Outlooks Remain Bullish as US Yields Stay Elevated: 9/29/17

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– US Treasury yields have broken out to multi-month highs: the 2-year is at its highest level of the year; and the 10-year is at its highest level in two-months.
– EUR/USD break back above 1.1820/25 threatens to invalidate the near-term head & shoulders topping pattern.

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