USD/JPY - Pattern & SMA Perspective

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USD/JPY - Pattern & SMA PerspectiveUS Dollar/Japanese YenFX:USDJPYANROCDear Friends in Trading, How I see it, Can demand/trend hold to jump over the 150.000 barrier? 1) Daily 200SMA @ 149.600 may cause serious pressure. 2) Will price hold above 1HR-200SMA in case of selling pressure? 3) The pattern suggests bullish continuation with limited downside. I sincerely hope my point of view offers a valued insight. Thank you for taking the time study my analysis.