USD/JPY: Dollar made new highs

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Technical levels: support – 112.00, 111.30; resistance – 112.80.

Trade recommendations:

1. Buy — 111.30; SL — 111.10; TP1 — 112.00; TP2 — 112.80.

2. Sell — 112.40; SL — 112.60; TP1 — 111.60; TP2 — 111.30.

Reason: bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are breakout the support of Tenkan and Kijun.

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