USD/JPY Technical Analysis: Set-up favours a move towards 55-DMA/61.8% Fibo. confluence hurdle

Published: 11/02/2019
USD/JPY Technical Analysis: Set-up favours a move towards 55-DMA/61.8% Fibo. confluence hurdle
Source: WWW.FXSTREET.COM

   •  The pair finally broke out of its multi-day consolidative trading range, held over the past one week or so, and jumped to fresh YTD tops during the mid-European session on Monday.    •  A sustained move beyond the key 110.00 psychological mark was seen as a key trigger for intraday bullish traders and the latest leg of a sudden pickup over the past cou

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