USD/JPY Technical Analysis: Bulls gaining strength with 10-yr treasury yield at 3-week high

  • The bullish crossover between the 50-hour and 200-hour moving averages (MAs) confirmed a few minutes ago, adds credence to the higher lows pattern seen in the daily chart and indicates the path of least resistance is on the higher side.
  • The 10-year treasury yield holding at a three-week high of 2.9 percent is also favorably disposed towards the USD bulls.
  • Only a break below the Aug. 31 low of 110.68 would abort the short-term bullish view.
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

Comments

Popular Posts