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USD/JPY: the Dollar attacks 110.00 again

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Technical levels: support – 109.50, 109.20; resistance – 110.00, 110.50.

Trade recommendations:

  1. Buy — 109.80; SL — 109.50 TP1 — 110.50.
  2. Sell — 110.50; SL — 110.70 TP1 — 110.00; TP2 — 109.50.

Reason: bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the market supported by 4H’s Cloud, but the prices under the strong pressure of 110.00.

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