USD / JPY shorts sitting ducks after CPI appears sent Tsy-JGB yields soaring By Randolph Donney
0.9% rally has quotes by the May 3 peak at 109.695 on EBS
Upper 21-day Bolli is also at 109.60 last as a possible obstacle
Also large 109.50 expiry after Friday’s retail sales event risk
Weekly close past 109.77 on-close pivot pt targets 2021’s 110.97 peak
A = C wave target off 107.48-9.695 and April 6 high at 110.55 also eyed
Claims and PPI Thursday, but Friday’s retail sales looks key
