USD/JPY: Dollar returned to Cloud

Read the article on FBS website

Technical levels: support – 110.40; resistance – 111.40.

Trade recommendations:

1. Sell — 111.20; SL — 111.40; TP1 — 110.00; TP2 — 109.40.

Reason: bearish Ichimoku Cloud, but Senkou Span A is rising; cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are under strong resistance of the Cloud.

04-usdjpyh4.png

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.