USD/JPY: Dollar in consolidation to Cloud
Technical levels: support – 108.70; resistance – 109.20.
Trade recommendations:
1. Sell — 109.20; SL — 109.40; TP1 — 108.70; TP2 — 108.20.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen; the prices are under pressure of the Cloud.