USD/JPY: the Dollar returned into positive area again
Technical levels: support – 106.30; resistance – 106.70, 107.30.
Trade recommendations:
- Sell — 107.30; SL — 107.50; TP1 — 106.30; TP2 — 106.00.
Reason: narrow bullish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market had returned into the positive area, but there is a strong resistance on 107.30.