USDJPY has finally revived some bullish power, spiking above its shorter-term simple moving averages (SMA) and the Ichimoku cloud to reach one-month highs slightly above the 108 level. Technically, the market could retain positive momentum in the short-term as the RSI, the Tenkan-sen and the MACD all point upwards in the bullish area. The 108.40 handle, which is the […]