USD/JPY Technical Analysis: Bulls await a convincing breakthrough 100/200-hour SMA confluence hurdle

The pair recovered around 30-pips from an intraday low level of 110.85, albeit the steady climb stalled ahead of important moving-averages (100 & 200-hour SMAs) confluence hurdle. 

   •  However, technical indicators on the 1-hourly chart have maintained a mildly positive bias and thus, support prospects for an extension of the intraday positive momentum. 

   •  Given that the pair, over the past three weeks or so, has shown resilience below 100-day SMA, even a slight recovery in risk sentiment would be enough to provide a meaningful lift.

USD/JPY 1-hourly chart

              Start Trading with Free $30    : CLAIM NOW $30 

   VERIFY YOUR ACCOUNT AND GET YOUR $30 INSTANTLY ,MAKE MONEY WITHDRAW !!

            IT IS POSSIBLE TO SHIFT FROM $30  TO  $1,000,000  TRY  TODAY

IF YOU FACE ANY PROBLEM TO GET THIS OFFER PLEASE CONTACT US                 

              FOR SUPPORT ,  CLICK  SMS  BAR  ABOVE  THEN  TALK  TO  US