With Treasuries threatening to resume their bear trend, USD/JPY looks set to resume its larger bull trend, says Bank of America Merrill Lynch. “Indeed, we are impressed by the manner in which the pair has held its ground as equities have sold off last week. Another break of 109.36 confirms a re…

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Bullish USD/JPY, Bearish Gold: Levels & Targets – BofA Merrill
